Category Archives: Main Page

When the commentators start talking about “terrifying” economic outlooks, we know we are making some important progress to the downside.  Not there yet, but markets are moving in the right direction in the price discovery process.  Good recap on the … Continue reading →

A worthwhile Bloomberg clip today with Jim Chanos, founder of hedge fund Kynikos Associates Ltd. Chinese banks are” extremely fragile” because the lenders do not have enough capital to offset bad loans. Watch the interview here.

Over-levered people and institutions are continuing in their predictable dash for cash; prompting mass liquidation across most risk assets including gold, silver and other commodities.  What is black and white and red all over? Our highly correlated global risk markets in … Continue reading →