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.

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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.

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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.

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