Sudden Debt

The US bond market is getting hammered lately as investors and traders realize that (a) the economy is not collapsing and (b) the Fed will k...

Note: Numbers on Debt/GDP below have been calculated using GDP on a Purchasing Power Parity (PPP) basis.  Also, I have removed countries suc...

 The one certainty from Mr Powell’s Jackson Hole speech a couple days ago is this: The Fed remains firmly committed to its 2% inflation targ...

 In my experience, charting as a market analysis tool is as useful as reading tealeaves.  But, occasionally it actually works, so when I hav...

 Analysts are somewhat baffled by the drop in bond prices.  Inflation is moderating and the Fed is sending "hold" messages. So wha...

A one question post today: Given its enormous debt load and the spike in interest rates driving debt service closer to unsustainable levels,...

I don't think most people realize the massive losses that have been suffered by bond investors in the last year and a half - take a look...

 Those of us who are, or were, active in the professional/wholesale side of markets (eg interbank) know very well that bond markets lord ove...

 Berkshire Hathaway, Mr. Buffett's primary investment vehicle, has investments in 56 publicly traded companies.  Yet, just one (Apple) m...

 Inflation has come down fast from its highs… but! It’s all due to sharply lower energy prices - see chart below. If it wasn’t for energy (i...