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This is going to be a short thought piece. But the takeaway should be that the convergence to zero will continue unabated as the threat of inflation is muted given the combination of excess capacity, high private debt and unfavourable demographics. The subject is monetary policy. The most in-depth … Read entire story.
Source: Credit Writedowns
This is a short post to update you on Greece. I continue to believe a deal can get done. Recent events demonstrate this is so. Nevertheless, the potential for policy error remains high. Brief thoughts below using a decision tree model framework The most in-depth research and analysis is …
Down, up, now really Down. Forecast is for Pain. Fucking stock market. Tues stocks tanked on global growth concerns. Wed everything looked great because rates are going to hold. Thursday, right back to the dumps because Floosie Floosiepants said stocks need to go down. PAIN We are down today because…
The rockets began around 6:30am, Tal Gibly told CNN. Thirty minutes later, she and hundreds of others attending an Israeli music festival were running as Gaza militants fired at them. The terrifying attack was just one of multiple locations hit on Saturday morning by the most sustained and coordinated assault inside Israel ever carried out […]