The long view is simply about gaining some perspective as the market whip back and forth in a very extended market topping process. It is about understanding that the markets for all their ups and down have really gone… Read More ›
TSP Advice
Doug Noland: The Global Bubble
Credit is not innately good or bad. Simplistically, productive Credit is constructive, while non-productive Credit is inevitably problematic. This crucial distinction tends to be masked throughout the boom period. Worse yet, a prolonged boom in “productive” Credit – surely fueled… Read More ›
Market Stress or Market Risk
I talk about market risk quite a bit and try to emphasize market risk is not static. This idea is not supported by mainstream thinking or financial marketing. “Financial Advisors” ask you how much risk you are willing to accept… Read More ›