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Olduvai III: Catacylsm
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Rising Interest Rates: New Era with Tough Outcomes

Rising Interest Rates: New Era with Tough Outcomes   What will the bond market do? The conniptions in the Treasury market are causing pain in existing portfolios but offer opportunities down the road. What’s the impact of these rising interest rates on the housing bubbles in the US and Canada? Where is the pain threshold? […]

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“Financial Stress” Spikes. Markets, Long in Denial, Suddenly Grapple with New Era

“Financial Stress” Spikes. Markets, Long in Denial, Suddenly Grapple with New Era Fed’s monetary policy shift is finally taking hold. It just took a while. The weekly St. Louis Fed Financial Stress index, released today, just spiked beautifully. It had been at historic lows back in November, an expression of ultra-loose financial conditions in the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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