Daily Archives: January 23, 2015

As the bankers keep assuring the world that all is well–why are government bond yields nil to negative and central banks buying up dodgy debts all over the world then?–anyway, as the bankers push the ‘America is a self-sustaining engine … Continue reading →

Draghi rolled out his much threatened QE bazooka yesterday and global inflation expectations have plunged further in response. Commodities and North American yields are falling some more… Belief in monetary magic may have felt fun while it lasted. Unfortunately after … Continue reading →

The fact is that a world of over-levered companies and economies are desperate for cash flow and so are ‘weak hands’ that will go down pumping out product even as prices plunge… The world will never again see the price … Continue reading →