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Category Archives: Main Page
It’s a Ponzi world
Bitcoin and other digital coins plunged last week, wiping over $200 billion off the value of the cryptocurrency market. Some cite the need to pay income taxes in April as a prompt to raise needed cash. A similar factor was … Continue reading
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Shilling: Bond and greenback bears mistaken
The US dollar and Treasury bonds outperform risky assets during “D” periods–disinflation and outright deflation. While inflation trades have won year-to-date, a return to “D” conditions remains probable in the second half. As usual, very few will be positioned proactively … Continue reading
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Accelerating COVID-19 spread warns robust recovery forecasts
The World Health Organization is warning that new COVID-19 infections are rising everywhere except Europe, led by a breathtaking spread in India as well as Argentina, Turkey, Brazil and Japan. This chart of the latest surge in India–the world’s sixth-largest … Continue reading
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