Category Archives: News

Fed, ECB throwing world into chaos – Stiglitz

These are the headlines from an earlier Reuters report.   Joe Stiglitz is one smart dude (OSD) and was the World Bank’s chief economist during the 1997 Asian Financial Crisis and 1998 Russian Debt Default.   He says the ultra-loose monetary policy … Continue reading

Posted in Black Swan Watch, Bonds, BRICs, China, Commodities, Credit, Currency, Geopolitical, Gold, Monetary Policy, News, Policy, Politics | Tagged , , , , , , | 3 Comments

MS Poll: 53% Believe US Debt Crisis By 2012

An interesting chart from the Business Insider of the results of a Morgan Stanley survey of 150 clients at a recent investment conference.   Shockingly, more than 50% of the investors polled believe the US will experience a sovereign debt … Continue reading

Posted in Black Swan Watch, Bonds, Credit, Monetary Policy, News, Policy, Politics, Sovereign Risk | Tagged , , , | Leave a comment

Black Swan Watch: Cyberwarfare and Iran’s Revenge

Computer World reports Iran has arrested several “spies” connected to a cyber attack on its nuclear program, “According to the Tehran-based Mehr News Agency, Heydar Moslehi, Iran’s minister of intelligence, said that “enemy spy services” were responsible for Stuxnet, the … Continue reading

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Release of New $100 Note Delayed…Printing Press Problems!

We’re not making this up!  Though the “printing press” is  more metaphor than physical reality with respect to monetary policy, this news couldn’t be more timely!  To understand how the Fed electronically “prints” money click here. Here’s the money quote: … Continue reading

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Ryder Cup Weekend Reading

A little Ryder Cup fodder to pass the time during the rain delays.  Our faves, and your must reads,  are highlighted in green, in honor of Lula and the Brazilian elections this Sunday.  Click highlighted source to link to original … Continue reading

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