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Olduvai III: Catacylsm
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“It’s Time To Say Goodbye To The Rally In Everything”

“It’s Time To Say Goodbye To The Rally In Everything” It was nice while it lasted but the “Rally in Everything” inspired by the dovish Federal Reserve is likely coming to an end — thanks to the dovish Federal Reserve. U.S. bonds and stocks have climbed together for most of 2019 as expectations for Fed […]

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Louis Gave On Corporate Debt And The Next Liquidity Crisis

Louis Gave On Corporate Debt And The Next Liquidity Crisis This has been a good year for the stock market so far, at least in the U.S., yet many investors are wondering when the other shoe will drop. We spoke with Louis-Vincent Gave, founding partner and CEO at Gavekal Research, about the explosion in near […]

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Bond Crash Continues – Aussie & Japan Yields Burst Higher

Bond Crash Continues – Aussie & Japan Yields Burst Higher The carnage in Europe and US bonds is echoing on around the world as Aussie 10Y yields jump 15bps at the open (to 3.04% – the highest in 6 months) and the biggest 2-day spike in 2 years.  JGBs are also jumping, breaking to new 6-month […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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