The thing that really stood out at first from the Infographic below (weighting by GDP) was how freaking awesome Australia is. Punching way over our weight as usual. And why not. South Korea’s 50 million people have nothing on us. Smoked those 125m Mexicans and that property bubble certainly taught those 45m Spaniards a lesson […]
We’ve waited a long time for this one. If the story below doesn’t light the wick of regulators, which it won’t, then when know somethings up, which it is. While Finance reporters report on the latest Greek tragedy or a 100 point rise in the Aussie stock market today, below is where the real action […]
Markets are certainly not enjoying the uncertainty coming into the weekend in Europe this morning. Broad sell offs everywhere. One reason may be a very interesting development this morning. The International Monetary Fund (IMF) has come out and declared Greece’s debt “unsustainable” and that a 30% of GDP cut in debt would be required […]
Hey, how’s that “recovery” coming along? Today we present some points of disconnect with regard to the highly reported recovery. The first, below, US GDP growth forecasts came out last Thursday. Who the hell still listens to economists consensus growth forecasts anyway. Almost as bad as cheerleading financial commentators telling how awesome the numbers are […]
It’ll never happen, we get told quite regularly. “They’ll never let it happen”! They’ll never let what happen, you may ask. We ware talking about the inevitable reset in our financial system that is so obviously coming down the pipeline that burying your head in the sand will just get you run over. There are […]
Jawboning. We hope you’ve heard this term as it relates to economic matters, not social. In the days of what counts for news being, “who are Taylor Swifts new besties”, we really don’t like to distract the masses as to what can really effect their lives on this Earth but seeing as thought there is […]
It’s not usual for peoples (folks, if you’re a US President) response to any critical thinking of current global economic policy to be, “well, we’ve come this far without distress, why can’t it continue”? Continue it will, all the way to red line, maxed out debt, negative interest rates (a result of unsustainable debt levels) and, eventually, runaway inflation (increasing interest rates???), making a […]
Sell in May and go away used to be a popular mantra among old time traders, once upon a time, before central banks decided they’d never let equity markets fall by more than 10%. Before the budget comes down tonight we hope you’ve gone and done what our good government instructed you after last weeks […]
Before we get onto sharing some thoughts on the inclusion (or not) of China in to the very special SDR club we just had to share this chart below from last week! We’ve all seen Chinese stocks explode in the last year; we’ve all seen margin lending soar to fund this exuberance; we’ve all read the dominant buyer in […]
Sometimes a story crosses ones path that causes ones back to straighten and just say, “wow”! Yesterdays mornings news in Japan contained no better story than that of Mieko Nagaoka, 100 years old, who just set a world record for her age in a 1500m freestyle race (we won’t worry too much about the time). The […]
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