Monthly Archives: October 2011

Just as we saw risk markets surge the week of October 21 while the Yen soared.  Today we have “risk off” across the board as the BOJ intervened for the third time this year to knock the Yen lower.  The US dollar … Continue reading →

Here are two simple changes that only the most self-interested, reckless players can lobby against. And they have. But sane minds must prevail: 1.  Credit Default Swaps markets must be listed, regulated and open so that all sides can see … Continue reading →

This article offers important perspective on the unraveling of the largest real estate bubble on planet earth today.  Those hoping that China will rescue the west, should take note:  China has some major headwinds of its own.  See Shanghai homeowners … Continue reading →