Category: Opinion

Big Little Lies by Central Bankers

How stupid do central bankers think we are? By account of their communications and actions the answer is: Very. Just in the past 24 hours we got a heap of communications that […]


The Debt Beneath

Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t matter (it does) and […]