Tagged: doom

Bill White speaks

If there is one man that Blondemoney has ’nuff respect for, it’s Bill White, formerly chief economist of the BIS and the only person who vocally and sensibly warned about the financial crisis before 2008. So even though this article is written by the perma-panicker Ambrose Evans Pritchard at the Telegraph, take note of Mr…

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The Day Today 8 August 2014

No surprise that Oil higher, stocks lower, and bonds, yen, swiss francs all up on the Iraq news. This “risk-off” wobble has been floating around ever since inflows into the overly exuberant junk bond market started to ebb a few weeks ago. From here, it’s a question of when the longer-term buy-on-dips crew emerge. Given…

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The Day Today 1 July 2014

* Fed’s Williams on rate rises “I still see that as sometime off”, data are “consistent” with mid 2015, but there is “uncertainty about where interest rates will go” based on forecasts by the FOMC. “I’ve been supportive of moving away from putting out communication that seems to say ‘the Fed is going to do…

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The Day Today 28 Feb 2014

* Ukraine’s New Government Looks to IMF Bailout as Tensions Flare in Crimea {fifw NSN N1P31L6TTDSG <go>} Headlines this morning include: *SEVASTOPOL’S BELBEK AIRPORT BLOCKED BY RUSSIAN TROOPS: AVAKOV, *AVAKOV SAYS CRIMEAN AIRPORT OCCUPATION IS ARMED INTRUSION * The sell-off in the Chinese yuan continues, with the PBOC “almost paying their own offer” as someone…

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The Day Today 3 Oct

* Good summary of mkt reaction and how things could get messy from here, by Gavyn Davies: “Why have markets ignored Washington risk?” http://on.ft.com/1a1ttN2 * Shutdown will not slow Fed nomination, says Obama http://on.ft.com/15NiGUq * ‘The partial shutdown of the federal government is leading to layoffs and production disruptions at defense contractors and some manufacturing…

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