As many speakers have reiterated, the biggest asset you have is right between your ears. So we plan to use it.
For a world already awash with debt, it was wonderful [sarcasm alert] to see Tuesday’s results from Visa Inc. [NYSE:V].
The biggest one-day panic in Wall Street history occurred in 1987. The Asian Crisis hit in 1997. The Global Financial Crisis got rolling in 2007, when mortgage lenders Northern Rock and New Century Financial collapsed. If you’re superstitious, that makes…
Persistent low rates have not caused inflation, but they have caused asset bubbles, which threaten to pop and unleash a financial panic on their own — independent of tight financial conditions.
Australia will launch its first ever 30-year bond. Now the government’s debt will officially put a burden on this generation’s grandchildren.
Let’s consider specific threats to your wealth that emanate from these risks: systemic collapse, asset bubbles, and lost confidence in the ability of central banks to respond to crises.
Targeting inflation expectations with tough words, negative interest rates, and more quantitative easing (QE) caused people to lose confidence in central banks, not in cash. Lack of confidence does not encourage activity. It encourages fear.
A year from now, investors could be talking about Deutsche Bank [FRA:DBK] in the same way that they talk about Lehman Brothers in 2008.
There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening.
Everyone believes the gold market has reversed direction. The bull market of the last 14 years has finally ended. It’s all downhill from here, they say.