I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...More on the sketchy history of CalPERS’ new CEO, Charles Asubonten.
Read more...Elon Musk can conjure up wonderful images of the future. In the here and now, can he even produce cars (batteries? solar panels? anything?) on schedule? What is going to happen to Tesla?
Read more...Not surprisingly, Millennials are not in very good financial shape…..
Read more...Tesla’s bubble is starting to deflate.
Read more...Shareholders step up demands for companies disclose more information about the impact of climate change; these calls extend beyond energy companies.
Read more...Musing on the market swan dive yesterday.
Read more...Rising mortgage rate are about to do some damage to the house party.
Read more...Some crystal ball gazing for 2018.
Read more...The curious case of England’s closing factories shows the need for industrial strategy to counter rampant short-termism.
Read more...But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
Read more...More and more experts are nattering nervously about market risk and occasionally using the “crisis” word. What are the potential hazards?
Read more...A skeptical look at a defense of stock market valuations.
Read more...Economists debate the Fed’s plan to shrink its balance sheet.
Read more...Moody’s throws a big bucket of cold water on Amazon frenzy. Will investors take heed or will it take longer for reality to sink in?
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