Tag Archives: corporate debt

More Monetary Policy Madness

Something extraordinarily uncommon is happening.  Something that hasn’t happened since 1988…back when the U.S. federal debt was just $2.6 trillion. According to the Institute of International Finance, wealth is not flowing into emerging markets for the first time in 27 … Continue reading

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China’s Exercise in Futility

At the moment, it appears the Chinese government has forestalled a full stock market meltdown.  To do so, the People’s Bank of China made direct purchases of stocks trading on the Shanghai Stock Exchange.  What type of chimera is this? … Continue reading

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