The bond market is now a lose-lose-lose proposition

Would you invest in an asset that loses your money each year? Because you’re probably doing just that, via the bond market. But it’s about…

Madame Legarde is a tapering data-slave in a Catch-22

Today, we take on the French in the guise of European Central Bank (ECB) President Christine Lagarde. But, if you prefer the Germans, check out…

The risk of a recession is rising fast

Two weeks ago, I warned you about the risk of a recession. And what it would mean for asset prices. Since then, that risk of…