What’s astonishing is how long it lasts.
How cash-burn machines power the real economy, and what happens to that economy when investors refuse to have more of their cash burned.
The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stake.
Signs are now all over Silicon Valley and San Francisco.
The 10-year Treasury yield rips. Unstoppable negative yields become stoppable.
OK, I’m going to wade into this debate — but with my boots on.
A rout in the hyper-inflated bond market can blow up everything at this point.
Interest rates don’t have to be negative to make a mess in the era of “Secular Stagnation.”
Now they’re clamoring for the NIRP absurdity in the US. How will this end?
Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers