Category Archives: Alan Greenspan
Bond Bear Bubbleheads
financialsense.com / BRADY WILLETT / 08/18/2017 Conventional wisdom holds that with central banks’ beginning to throw their experimental policies into reverse the strings holding the asset price boom together are slowly being cut. No disagreement here. But while the divergence between the fundamentals and asset prices suggests things like equities are in/near bubble territory, the bond market is […]
Graphic Anatomy of a Stock Market Crash: 1929 stock market crash, dot-com, and Great Recession
The 1929 stock market crash became the benchmark to which all other market crashes have been compared. The following graphs of the crash of 1929 and the Great Depression that followed, the dot-com crash, and the stock market crash during the Great Recession show several interesting similarities in the anatomy of the world’s greatest financial […]
Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst
Are we right on the verge of one of the greatest financial collapses in American history? I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger. When you look at […]
Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks
Former Fed chair Alan Greenspan blasphemously warned a year ago of an "imminent crisis": "This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis – remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the […]
All Conundrums Matter
Authored by Jeffrey Snider via Alhambra Investment Partners, Since we are this week hypocritically obsessing over monetary policy, particularly the federal funds rate end of it, it’s as good a time as any to review the full history of 21st century “conundrum.” Janet Yellen’s Fed has run itself afoul of the bond market, just as […]
Why It’s So Difficult To Call The Market Top
Via Global Macro Monitor, This is one of our favorite posts of all-time. Thought it apropos to re-post given that everyone and their mother is trying to call the top in stocks. It’s all about yield-seeking capital flows, my friends. Tell us what interest rate is the tipping point which thwarts that behavior and we […]
The Federal Reserve Is A Saboteur – And The “Experts” Are Oblivious
Authored by Brandon Smith via Alt-Market.com, I have written on the subject of the Federal Reserve's deliberate sabotage of the U.S. economy many times in the past. In fact, I even once referred to the Fed as an "economic suicide bomber." I still believe the label fits perfectly, and the Fed's recent actions I think […]
An Open Letter To The Fed’s William Dudley
Authored by MN Gordon via EconomicPrism.com, Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, crashing unemployment is a construct that’s new to popular […]