For six years, the macro trend has largely driven asset valuations and price multiples as investors have weathered crisis after crisis from the burst of the housing bubble and the collateral damage to the financial system and leverage all the way to...
It has been a busy couple of days. Since 60 Minutes aired The Cleantech Crash on Sunday night, I have gotten quite a few emails and phone calls seeking more details, comments, or a clarification of my positions.
With 98% of states expected to show growth over the next six months, the risk of a coming recession remains remote. In looking at the U.S. collectively, the present backdrop is clearly bullish and does not offer any impending doom to the current economic expansion.
Many people seem to think China is taking over the world. Although its economy is roughly half the size of the US economy, some surveys show that many perceive it as bigger. There is also widespread ideas that China's yuan will soon become a major reserve currency and challenge the role of the dollar.
The US trade deficit in November was considerably smaller than expected and it will encourage economists to revise up Q4 GDP forecasts.
The United States government has six interrelated motivations for destroying the value of the dollar...
I’ve written many a time over the past year about the directional dichotomy between the equity market and real economy. To be honest, this is old news. I’m personally convinced that what is most important to financial assets in the current moment is the weight and movement of global capital and the immediate “needs” of various pools of global capital.