Independent thinking for complex markets and current events
by Simon Black In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be humorous and …
by confoundedinterest17 The themesong for the global warming conference in Dubai is Sam Cooke’s Wonderful World. Since mostly they don’t believe in science or economics. Just the thrill of government control. While world leaders spoke at a ‘global warming’ conference in Dubai, located in the heart of the Arabian Desert, discussing the usual: banning gas stoves, cow …
The sustained 18-month decline in the Conference Board Leading Indicator is a worrying trend reminiscent of historical economic crises, particularly in 1973-74 and during the Global Financial Crisis. The current -7.8% decrease aligns with significant economic downturns over the past six decades, indicating a potential hard landing. This, coupled with a high and rising loan …
by confoundedinterest17 Is The Fed pushin’ too hard on rates to fight inflation? Or not hard enough?? Between the data and the overnight momentum in overseas markets, bonds are at their weakest levels in years. Mortgage-backed securities (the bonds that dictate mortgage rates) didn’t swoon quite as much as Treasuries, but as of today, it was just enough …
Hypocrites: Spanish minister uses a private jet to attend a climate conference. 100 metres before the venue she gets out off the limo and takes a bicycle. This is so surreal. The socialist Spanish minister uses a private jet to attend a climate conference. 100 metres before the venue she gets out off the limo …
“Economists polled by Reuters expect another move of the same magnitude in July before the ECB pauses for the rest of 2023. ECB President Christine Lagarde is nevertheless expected to keep a further hike in September in play during her press conference on Thursday, and to push back against traders’ bets that the central bank …