US Government Spending May Exceed 60% of GDP by Contributor • Apr 12, 2018 • 49 Comments Half of US federal spending is unrecorded.
Fannie Mae, the Goldman Goose that Keeps on Laying Eggs by Contributor • Jan 26, 2018 • 31 Comments Why is Fannie Mae Offering Goldman Sachs et al. Such Fat Margins on Defaulted Mortgages?
Bank of Canada’s Poloz Is Right to Be Worried by Contributor • Dec 17, 2017 • 58 Comments Three possibilities come to mind.
An Accountant Smells a Rat in Our Global Credit Bubble by Contributor • Oct 2, 2017 • 111 Comments The inevitable unwinding, whether through inflation or debt write-offs, could create considerable misery.
The Startling Thing the CEO of Restoration Hardware Said about Online Ad Spending by Contributor • Sep 11, 2017 • 76 Comments One of the most lucrative sectors in Silicon Valley is at risk.
US Sanctions May Play into China’s and Russia’s Hands by Contributor • Aug 24, 2017 • 30 Comments Venezuela is going to have one heck of an “Oil Fire Sale.”
Stunning Lack of Market Decline Highlights Surreal New Normal by Contributor • Jul 25, 2017 • 56 Comments Investors are conditioned to believe the Fed has got their back. But they might be wrong.
Oslo Housing & Trade Balance Say: Tipping Point in Norway by Contributor • Jul 24, 2017 • 28 Comments Time to Short the Norwegian Krone?
Jobs and Inflation: Gradually and Then Suddenly by Contributor • Jul 13, 2017 • 51 Comments The Fed and the ECB believe they can tighten and taper without killing the market so long as they jawbone this constantly.
“Investors Are Being Swindled”: Canadian Accountants Slammed by Contributor • Jul 3, 2017 • 59 Comments People “mistakenly believe their pension plans, mutual funds, and other investments are safeguarded.”