Bonds

Etusivu/Bonds

Q-Review 4/2019: Into the Abyss

|2019-12-19T16:20:57+02:0019 joulukuun, 2019|Banks, Bonds, Central banks, China, Credit, English, Global depression, Global economy, Growth forecasts, Recession, Stock market, Zombie companies|

The economic calm which has succeeded the turbulent conclusion to 2018 was abruptly shattered on the 16th of September. On that day, rates in the repo markets spiked by 248 basis points to more than double the overnight lending rate of the...

Kommentit pois päältä artikkelissa Q-Review 4/2019: Into the Abyss

Recession cometh

|2019-10-10T08:07:11+03:0027 maaliskuun, 2019|Bonds, Central banks, China, Credit, English, Global economy, Growth forecasts, Recession, Zombie companies|

Errata in the third paragraph ("steepening" -> "flattening") corrected in 04/08. Yield curve inversion has spooked the markets. In all honesty, it should not have come as a surprise. After the Federal Reserve pivoted early January and ...

Kommentit pois päältä artikkelissa Recession cometh

Q-review 4/2018: The path to the Global Depression

|2019-10-10T08:09:33+03:0018 joulukuun, 2018|Bonds, Central banks, Credit, English, Financial crisis, Global economy, Growth forecasts|

The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the 'black hole' the global economy is about to get sucked into. The hole has two...

Kommentit pois päältä artikkelissa Q-review 4/2018: The path to the Global Depression

The end of the most manipulated business cycle—ever

|2018-12-21T14:46:27+02:006 joulukuun, 2018|Bonds, Central banks, China, Credit, Emerging markets, English, Financial crisis, Global economy, preparation, Stock market|

Whatever has the nature of arising, has the nature of [...]

Kommentit pois päältä artikkelissa The end of the most manipulated business cycle—ever

The (ominous) problem with global liquidity

|2018-11-01T23:51:23+02:0012 lokakuun, 2018|Bonds, Central banks, Credit, Emerging markets, English, Financial markets, Global economy|

Errata in the effects of QE corrected 10/21. Market liquidity [...]

Kommentit pois päältä artikkelissa The (ominous) problem with global liquidity

Q-Review 3/2018: How the Eurozone breaks

|2019-10-23T14:30:09+03:0026 syyskuun, 2018|Bonds, English, Eurozone, Global economy|

The Eurozone is a fragile financial mammoth. While its GDP lacks the US by around $3 trillion, assets of the banking sector are some 240 percent of GDP vs. around 90 percent in the US. It has been kept standing only through the large-scale asset purc...

Kommentit pois päältä artikkelissa Q-Review 3/2018: How the Eurozone breaks

10 years from Lehman. And nothing has been fixed

|2019-09-16T10:08:32+03:0014 syyskuun, 2018|Bonds, Central banks, Credit, English, Financial markets, Global economy, Stock market|

The general storyline of the Global Financial Crisis (GFC) goes about like this: funds from all over the world headed to the US, where the banks, to finance the housing market boom, developed unsound financial products which then brought down the glo...

Kommentit pois päältä artikkelissa 10 years from Lehman. And nothing has been fixed

Quantitative tightening: to boldly go where no CB has gone before

|2018-12-21T13:37:09+02:0015 maaliskuun, 2018|Bonds, Central banks, Credit, English, Financial markets, Stock market|

Since early February, the financial markets have been wobbly. After [...]

Kommentit pois päältä artikkelissa Quantitative tightening: to boldly go where no CB has gone before
Lataa lisää artikkeleita