The 10th Man: The Crazy Man’s Guide to the Bond Market By John Mauldin I invite you to inspect the following chart of 10-year interest rates in the US. If you don’t have a lot of experience with these things, let me clue you in: This is a very scary-looking chart. It’s a classic head-and-shoulders […]
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Connecting the Dots: Oil, Divorce, and Bear Markets By Tony Sagami Everybody loves a parade. I sure did when I was a child, but I’m paying attention to a very different type of parade today. The parade that I’m talking about is the long, long parade of businesses in the oil industry that are cutting
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The 10th Man: The Anthropology of Finance By Jared Dillian When I was 11, my grandmother liked to hang out in Bee Bee’s Dairy and smoke cigarettes and drink coffee. The air quality in that place was like modern-day Beijing, with all these old people smoking and shooting the breeze. I used to get ice
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Connecting the Dots: Oil, Jobs, Consumer Confidence, and Humpty Dumpty By Tony Sagami Politicians, Wall Street, and the Federal Reserve Bank want you to think the economy is doing great thanks to the big improvements in the labor market. However, Janet Yellen, who testified before the Senate Banking Committee last week, admitted that the
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The 10th Man: I Heart Capitalism By Jared Dillian Let me begin by saying that if you aren’t on Twitter, you’re making a huge mistake. I was encouraged to get on Twitter years ago by a tech-savvy friend. There is a learning curve. It’s not the easiest thing to get the hang of. Used
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