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Olduvai III: Catacylsm
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Weekly Commentary: Anbang and China’s Mortgage Bubble

Weekly Commentary: Anbang and China’s Mortgage Bubble The Shanghai Composite traded as high as 3,587 intraday on Monday, January 29th, a more than two-year high. This followed the S&P500’s all-time closing high (2,873) on the previous Friday. On February 9th, the Shanghai Composite traded as low as 3,063, a 14.6% decline from trading highs just […]

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charles hugh smith-The Rubber Band Is Stretched–Will It Break?

charles hugh smith-The Rubber Band Is Stretched–Will It Break?. A rubber band can remain stretched for some time, but it takes some force to keep it stretched. The consensus is anticipating a smooth sleigh ride for Santa’s traditional stock market rally from November to year-end. But the rubber band of the current rally is looking quite […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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