Author Archives
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Doug Noland: Pandemic Risks Rising – Again
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Doug Noland: Walk the Walk
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Doug Noland: Black Friday
Bubbles at their core are pernicious mechanisms for wealth redistribution and destruction. Geopolitical risk is a key Bubble manifestation, with the current most protracted global Bubble unmatched in this regard. Competing head-to-head with Covid in terms of stubborn persistency, there was similarly no relief this week from mounting geopolitical risks.
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Doug Noland: Trouble on the Horizon
But let’s return to the “Periphery vs. Core” analytical framework. It’s certainly not abnormal for trouble at the “Periphery” to initially bolster a booming “Core.” But it is extraordinary to observe the “Periphery” falter in the face of massive global QE and generally very low bond yields. The perceived bulletproof “Core” is oblivious to this ominous development.
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Doug Noland: Accident-Prone End-Game Dynamic
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Doug Noland: Dow 36,000 and Policy Mistakes
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Doug Noland: Losing Control
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Doug Noland: A True Central Banker
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Doug Noland: Controllable
Families can not live on their reduced share of the US national income. Corporations and billionaires squeezed the middle class and working class to the point of breaking. Now I expect to see a bounce back in wages. And that will lead to wage-push inflation. And the Fed is in no position to stop it.
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Doug Noland: Contagion