Warning Signs A Correction Is Ahead

06/08/2021 7:22 AM

  After a decent rally from the recent lows, there are multiple warning signs a correction approaches. Over the last few weeks, we discussed the rising risk of a correction between 5-10%, most likely this summer. Such drawdowns are historically very common within any...

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The Countries with the Most Monstrous Business Debts

06/08/2021 6:38 AM

  The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for the riskiest corporate borrowers. These debts of nonfinancial...

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Mike’s Comment

06/05/2021 11:40 AM

There's one government mistake above all others that doomed our pandemic response from the vaccine roll-out to the failure to protect the elderly - with all the inconsistencies in...

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