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Olduvai III: Catacylsm
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A Murderous Complacency

A Murderous Complacency Dark omens are circling everywhere in today’s markets murder: a flock of crows ~ Miriam-Webster dictionary Many view the appearance of crows as an omen of death because ravens and crows are scavengers and are generally associated with dead bodies, battlefields, and cemeteries, and they’re thought to circle in large numbers above sites where […]

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One Economic Datapoint, Two Vastly Different Interpretations

One Economic Datapoint, Two Vastly Different Interpretations Earlier today, Case-Shiller reported that in May, housing prices dropped by 0.18%, the biggest decline since July 2014. Hardly a euphoric validation of the Fed’s rate hike intentions. So what was the mainstream media’s take on the topic? It all depends on who you ask. Reuters:   or the WSJ. […]

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Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red

Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red For the first half an hour after China opened, things looked bleak: after opening down 5%, the Shanghai Composite staged a quick relief rally, then tumbled again. And then, just around 10pm Eastern, we saw acoordinated central bank intervention stepping […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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