” Dissent is the highest form of patriotism”, Howard Zinn.
In the past week there has been an enormous uproar in Spain created by an opinion article published in The Daily Telegraph under the title “Spain is officially insolvent” Continue reading Spain, Insolvency and The Telegraph
The play year-to-date has been that historical QE would push yields lower, as they have in the US QE process, but there appears to be sharp rotation away from JGB’s in recent days. Continue reading Japan and Manga Money
“Artificially pushing interest rates down and forcing investors into junk bonds has only one end. It’s just a case of when, not if “(Sohn Investment Conference).
The slump of bond yields seen recently is not the result of the successful policies of our governments. We have seen most growth estimates revised down in recent months. We are seeing a “bond fever” worldwide. Continue reading The Big Bond Bubble