The Smart Bird Read is the latest news of interest in the interesting financial times we are experiencing. I’ve corrected some titles to better reflect reality and I provide my humble opinion on the bottom-line of the content. You are… Read More ›
The Bubble has burst – the global Bubble, the Bubble in leveraged lending, and Bubbles across asset classes around the globe. In the case of leveraged loans, I don’t expect another bout of QE to resuscitate Bubble Dynamics. Excess within… Read More ›
For those unfamiliar with Doug Noland he uses his accounting background and study of history’s bubbles to chronicle the current global credit bubble. This week he exams the balance sheet of the United States to highlight where we are in… Read More ›