The flight to safety in the end game bolsters the US market as the rest of the world falls off a cliff. Watch the periphery?
Doug Noland
Doug Noland: Bubble Battles
The global government finance Bubble can at this point be simplified into six powerful intertwined forces: 1) Near zero rates and record low bond yields virtually across the globe contributing to generally loose fiscal spending and ever rising country indebtedness;… Read More ›
Doug Noland: Greenspan on Bubbles
Conventional analysis views the U.S. equities market as notably resilient, with trading action confirming the ongoing bull market. From my perspective, this week’s trading is further evidence of dysfunctional markets. The U.S. stock market casino in particular has reached the… Read More ›