China’s Stock Market Bubble Just Started — So Buy Now Posted by Michael Carr | Jul 13, 2020 | Chart of the Day Bubbles deliver large gains before they burst. And trading them can be profitable. Read More
The Fed Keeps Zombies Alive — Profit Off Their Coming Demise Posted by Michael Carr | Jul 10, 2020 | Chart of the Day A zombie company is one that should be dead but somehow manages to survive — even when sales don’t cover the costs of debt. Read More
Inflation Isn’t Dead. It’s Hiding Behind the Fed Posted by Michael Carr | Jul 9, 2020 | Chart of the Day The Federal Reserve is providing money to bond markets. It’s buying billions of dollars of corporate bonds. And that’s hiding inflation. Read More
Current Government Deficits Are Unprecedented — and Bearish for the Future Posted by Michael Carr | Jul 8, 2020 | Chart of the Day Heavy borrowing isn’t unprecedented. Borrowing with limited ability to repay the debt is. Read More
Safer Bond Markets Abroad Spell Doom for the Dollar Posted by Michael Carr | Jul 7, 2020 | Chart of the Day To avoid large losses, bondholders created insurance markets for bonds. Read More