Category Archives: Main Page

The business media is clamoring to post headlines designed to talk capital flows back into risk markets this morning. So far it is not working. It is not that economic news has suddenly become dramatically worse. The global economy has … Continue reading →

With asset markets selling off across the globe this morning, the multi-trillion dollar question is whether US Treasuries (as a benchmark for other interest rates) are now breaking into a new cycle of higher rates, or whether yields will continue … Continue reading →

This long-term chart of copper reflects the leverage-fueled boom and busts since our secular bear began in 2000. The latest “QE bubble” for copper peaked in 2011 and since then Dr. copper has been beckoning still over-priced stock markets lower … Continue reading →