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Olduvai III: Catacylsm
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Global Financial Stress Index Spikes Most Since 2011 US Downgrade

Global Financial Stress Index Spikes Most Since 2011 US Downgrade Did central banks just lose control of the world… again? For the first time in four months, BofAML’s Global Financial Market Stress index has turned positive – signalling more market stress than normal. As the spat between North Korea and the U.S. worsened, a measure of […]

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Central Bank Soap Opera Hides Financial Globalization

Central Bank Soap Opera Hides Financial Globalization Stock markets suspect Federal Reserve has interest rate jitters … Hints that the Fed won’t raise interest rates in March are proving to be good news for miners and oil producers’ share prices The Federal Reserve’s William Dudley said further strengthening in the dollar could have ‘significant consequences’ […]

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Tick Tock

Tick Tock 8 years to fix the malfunctioning heart of the world’s financial and legal systems but nothing was actually done … and now the clock is ticking and  there is hardly any time left. The number of red lights now blinking at us, largely ignored by those who are supposed to be flying this […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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