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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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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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Olduvai IV: Courage
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Olduvai II: Exodus
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