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Olduvai III: Catacylsm
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Hobson’s Choice

Hobson’s Choice More than two months have passed since the August “flash crash.” Fragilities illuminated during that bout of market turmoil still reverberate. Sure, global markets have rallied back strongly. Bullish news, analysis and sentiment have followed suit, as they do. The poor bears have again been bullied into submission, as the punchy bulls have […]

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Neither Bull nor Bear

Neither Bull nor Bear “Good Economic Management” vs. Larceny “Will you shut up?!” That is what we wanted to say this morning, here in Zurich, Switzerland. At the table next to us, a hedge fund promoter is working hard… “The value proposition… outside of the box… we’re only talking two points… we can dialogue about […]

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Bubbles Don’t Correct, They BURST!

Bubbles Don’t Correct, They BURST! I’m practically drowning in interviews. I had half a dozen yesterday and even more today. But it’s time to put the word out that the second greatest bull march in history is finally coming to an end. It’s done. Wall Street thinks this is a correction – a 10% drop, […]

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Why the Bear of 2015 Is Different from the Bear of 2008

Why the Bear of 2015 Is Different from the Bear of 2008 Are there any conditions now that are actually better than those of 2008? It’s tempting to see similarities in last week’s global stock market mini-crash and the monumental meltdown that almost took down the Global Financial System in 2008-2009. The dizzying drop invites comparison […]

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The Big Bad Bear Case

The Big Bad Bear Case My aim with this article is to outline, with facts, large global structural issues that I believe everyone, bulls and bears alike, should be fully aware of. While some of this discussion may rattle the cage a bit you will hopefully find this article well researched and informative. Recently I’ve outlined […]

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Oil prices: A bear and a bull on the rally

Oil prices: A bear and a bull on the rally The price of oil has been rising for more than a week. What gives? The price of oil has been heading up for eight trading sessions, raising the hopes of energy companies, investors and the whole province of Alberta. But is this rally the real […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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