

The Systemic Bug : Bank runs can now happen at the speed of light.
Today March 22, 2023 the Federal Reserve hiked the fed funds rate by 25 bsp, in line with consensus. It ignored, however, certain claims...

Mind The Profile
It's too easy to get entrenched in a bull or bear mindset. What if you should remain neutral? Do you see further price rotations in a...


Macro Traders vs Tech Equity Guys
The dismal scientists vs the Optimists, the sceptics vs dreamers, risk managers vs all-iners ... watch below :


$350 billion blow to Retail Investors
Investment portfolios belonging to retail traders suffered a $350 billion blow this year as big bets on risky stocks and former...

Could a Rise in U.S. Dollars Trigger the Next Global Financial Crisis?
The Bank of International Settlement just released a shocking report on $80 trillion-plus in outstanding obligations (unrecorded on...


Lessons From Volcker's Inflation Fight
Volcker is remembered today as having the courage to run tight enough policy to break the back of inflation. That is a far too simple...

Near the War Stage - Ray Dalio
Was the war in Ukraine just the warning sign? Dalio: To be clear, when I say that I believe we are on the brink of civil and/or...

Secular and Cyclical Trends
Executive Summary The economy has long-term (secular) trends and shorter-term (cyclical) trends. Secular trends are slow-moving and are...

"This is a Quantum Shift"
Famous macro economist Muriel Roubini, who predicted the 2008 financial crisis, talks about his new book and reviews the systemic risks...


The Impact of the Great China Deleveraging
Over time, we expect a significant macroeconomic impact from China's commitment to financial deleveraging. First, for a large economy...