Thursday, August 25, 2016

Markets: keep buying China and America

Keep buying China/Hong Kong  and America/the dollar; history stopped being a guide  as of 2010.  1.  Why the Chinese  fis... Read More >>

Wednesday, August 17, 2016

Disfigured valuations: you may as well keep buying high yield bonds

  G3 Central Banks have disfigured the market's pricing mechanism to such a degree that talk of "overvaluation" is misplaced: "overvalued" rel... Read More >>