Stock markets and real estate are off the charts. Leverage is tipping record levels for households, corporations, banks, and governments.
That’s all due here in The Rum Rebellion, on Friday. But back to the other two boats we’ve been rocking recently…
‘Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday that inflation is likely to last longer than expected and should no longer be called “transitory.”
Shares in Evergrande have been suspended in Hong King trading. International bond sales by Chinese developers have all but halted.
The only thing we don’t align on is the scale. Whether the next sell-off will merely be a big one…or THE Big One.
What are we looking for? A glimpse at tomorrow’s headlines, of course. If we’re right, Americans are headed to the pampas…
The US just barely avoided breaching the debt ceiling and defaulting on the national debt in October, and two of the main players are sounding different tunes on the future.
Why isn’t there full disclosure on the green investments held directly or indirectly by the high-profile climate spruikers?
According to CoinDesk, a US$1.6 billion buying spree (lasting all of five minutes) contributed to a sharp lift in the bitcoin price: