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Olduvai III: Catacylsm
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Albert Edwards On How It All Ends: “In The Next Recession, The S&P Will Drop Below 666”

Albert Edwards On How It All Ends: “In The Next Recession, The S&P Will Drop Below 666” Back in August, we wrote that after decades of waiting, for Albert Edwards vindication was finally here – if only outside the US for now – because as per BofA calculations, average non-USD sovereign yields on $19 trillion in global debt […]

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Bubble Fortunes

Bubble Fortunes  Wynn Bullock Child on a Forest Road 1958  A few days ago, former Reagan Budget Director and -apparently- permabear (aka perennial bear) David Stockman did an interview (see below) with Stuart Varney at Fox -a permabull?!-, who started off with ‘the stock rally goes on’ despite a London terror attack and the North […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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