Notes From Underground: This Isn’t the Barron’s Roundtable
On Tuesday, I sat down with the Financial Repression Authority’s Richard Bonugli and Marc Faber. The last time Dr. Faber and I spoke, there were several profitable investments that evolved from our...
View ArticleNotes From Underground: Is It George Bailey or Henry Potter?
Bank of England Governor Andrew Bailey made a ridiculous comment almost two weeks ago and I’d be remiss not to mention it. Bailey issued his own FORWARD GUIDANCE on how to slow the pace of inflation....
View ArticleNotes From Underground: A Quick Hit On the State of Chaos
First, our hearts go out to all suffering in the world of insanity brought on by senseless wars that diplomacy OUGHT to have been able to prevent. The world always returns to the insanity that brought...
View ArticleNotes From Underground: Traversing the Global Macro Landscape With Danielle...
On Tuesday, I sat down with Richard Bonugli and Danielle DiMartino Booth. We traversed Ukraine, Europe, the U.S. and Danielle delved deep into the her expertise of the Federal Reserve. We discussed the...
View ArticleNotes From Underground: A European Discussion With Professor Polleit
Yes, Wednesday is FED day and the markets are expecting a 50 basis point increase in the FED FUNDS RATE to a range of 0.75% to 1%. The most important issue will be the size of the balance sheet unwind...
View ArticleNotes From Underground: Discussing Europe With Dr. Barbara Kolm
Last week the FOMC raised rates by 50 basis points, which seemed like the most likely outcome (although interest rate markets had assigned a slight probability of 75 basis point increase). The...
View ArticleNotes From Underground: Neutral
On Friday I sat down with Richard Bonugli at the Financial Repression Authority and Doomberg to discuss the current situation in global energy and tried to peek into the future as to where Europe and...
View ArticleNotes From Underground: Take Jerome With a Big Grain of Salt
A quick view on Wednesday’s FEDERAL RESERVE‘s meeting: According to the newest Fed stenographer, Nick Timiraos, look for the central bank to raise rates 75 basis points in an effort to get ahead of the...
View ArticleNotes From Underground: Cui Bono? (Who Stands to Gain?)
When it comes to making sense of the global financial system I always have to ask the question who is benefitting from monetary policy? The recent podcasts from the Financial Repression Authority has...
View ArticleNotes From Underground: Powell, Lagarde and Payrolls, Oh My
It was the week that was as three main central bank interest rate decisions from the FEDERAL RESERVE, BANK OF ENGLAND and EUROPEAN CENTRAL BANK rocked the markets. There is more to follow Friday...
View Article
