Browsing Category

Daily

Three Market Narratives

After the last week off, let's see if we can get back into the flow here. And my apologies for ghosting you. I was overcommitted last week against a backdrop where there was less to say. In the interim, though, I have seen three market…

Explaining my shift in tone briefly

I have an interview with Mark Ritchie coming up in an hour and I wanted to write a specific post about the changing tone on Credit Writedowns because of it. I last spoke to Mark in June. And he was a wide-eyed bull, telling me that the 3-…

Thinking about the blowoff top

Oh, how the world has changed! The threat of a mutant-inspired viral wave and lockdown still lurks in the background, yes. Even so, the balance of risks is now completely tilted to the upside in the US economy. And that means we have to…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More