asset bubbles

Earnings And Valuations Update; Still Nowhere Near Good

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Forget The Fed Model’s High PE/Low Interest Rate Theory——History And Logic Deny It

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Damned Lies and Statistics——–The High PE/Low Inflation Fallacy

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Politics of the Monetary Noose

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The Global Economy Didn’t Change Last Year——Views of QE Did

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The Fed Is Pushing On A Credit String——Deeply Indebted US Households Don’t Want No More

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It Starts—–Wall Street Is Jawing That Junk Bonds Are ‘Contained’

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Production Discounting Globally Suggest US Consumers In Deepening Recession

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The Central Focus of China——-Still Another Monetarist Failure

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Mind The New Lows—–Copper, Junk Credit And More

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