The “risk free” bonds have bloodied investors.
Coming to a municipality near you.
As Trump looms, “Inflation Trade” heats up, “Greater-Fool Trade” falls apart
But where the heck did the money go? Fume and gnash your teeth.
California Policy Center published an interesting study – interesting in all kinds of ways, including its outline of the doom-and-gloom future of state and local pension plans if stocks turn down sharply, preceded by its prediction that stocks will turn down sharply as valuations are totally unsustainable.
A secret US-Saudi deal from 1973 falls apart.
Does this sound like a drug addict?
A stunning chart.
Distressed investors are a different breed of cat. Like repo men, they do well when everyone else gets hammered.
US government flunked audit, financials an “unauditable” mess. What happened next? (Short tragic-comedic video).