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Olduvai III: Catacylsm
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Druckenmiller: We’re At The Point In The Rate-Hike Cyle Where ‘Bombs Are Going Off’

Druckenmiller: We’re At The Point In The Rate-Hike Cyle Where ‘Bombs Are Going Off’ Despite the consensus view heading into 2018 that the Treasury yield curve would finally steepen as the Federal Reserve raised interest rates 4 times in 2018 (and possibly again in 2019), driving US stocks lower as higher interest rates brought  the […]

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Central Banker Observes Sudden “Evaporation” Of Dollar Funding, Warns Of Global Turmoil

Central Banker Observes Sudden “Evaporation” Of Dollar Funding, Warns Of Global Turmoil Last October, just as the Fed started shrinking its balance sheet, we published yet another article on what is arguably the biggest threat to not only risk assets, but also the global economy: “The Dollar Funding Shortage: It Never Went Away And It’s […]

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Rate Hike Cycles, Gold, and the “Rule of Total Morons”

Rate Hike Cycles, Gold, and the “Rule of Total Morons” In response to Janet Yellen’s everything is OK speech following today’s balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold, and stock market peaks. “Rule of Total […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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