Noland: Existing Global Order Is "One Serious Catalyst Away From A Megaquake"
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
February 28, 2021 | Doug Noland: “Fed Credibility Is Evaporating Along With Bond Prices” John Rubino John is author or co-author of five books, including of The Money Bubble, The Collapse of the Dollar and How to Profit From It, Clean Money: Picking Winners in the Green-Tech Boom and How to Profit from the Coming Real Estate Bust. A former Wall Street analyst and featured columnist with TheStreet.com, he currently writes for CFA Magazine. Doug Noland is out with his latest Credit Bubble Bulletin, following a week in which some of the things he’s been warning about began to happen. Defi...
Doug Noland is out with his latest Credit Bubble Bulletin, following a week in which some of the things he’s been warning about began to happen. Definitely read the whole thing (especially the exchange between Representative Warren Davidson and Fed Chair Jerome Powell). But in the meantime here’s a brief excerpt: Global bond markets have an inflation problem. The international central bank community has an inflation problem. Perhaps Treasuries and the Fed face the biggest challenge in managing around mounting inflationary risks. The U.S., after all, is running unprecedented peacetime d...