Sudden Debt

What To Do With All Those Containers? PBoC Raises Reserves Again..and Again...and Again Global trade with China has spurred a massive build...

From The Sublime To The Ridiculous The fixed-income side of finance used to be where "serious" business was conducted. Lending to ...

Boeing, Boeing - Bong Yesterday's data on March durable goods orders were "higher than expected" (+3.4% vs. February). Unfortu...

CDS's and Liquidity Generation The latest ISDA survey puts the total amount of Credit Default Swaps (CDS) outstanding at $US 34.5 trill...

They've Lost Their (Rice) Noodles The chart below is for CSI 300, the broad capitalization-weighted index for Chinese stocks - something...

Gone To China Everyone knows that China has become the manufacturing center of the world, destroying millions of goods-producing jobs in th...

Commercial Real Estate...Again I will once again focus on commercial real estate and mortgages. While popular attention is currently focuse...

Odds and Ends The International Swaps and Derivatives Association (ISDA) just announced the results of its 2H06 survey and, as I expected, ...

Construction Jobs in The US There is a discussion over at Nouriel Roubini's blog about construction jobs, so I have produced a few char...

Retail Sales Slowing Data for US retail sales were reported yesterday and I have produced a chart of such sales minus gasoline and food stor...