by Chris Belchamber | Oct 31, 2017 | Notable Articles
One of the most reliable recession signals in history is the Treasury yield curve. The long end of the yield curve is warning of trouble. The 5/30 year bond yield spread has now fallen well below where it was just before 2008. Using debt to stimulate growth has had...
by Chris Belchamber | Oct 20, 2017 | Market Notes
The chart above shows the extraordinary extent of the rally from 2009 both in time and magnitude . The ratio of the S&P 500 to its own volatility, VIX, shows the cycles in a new way. As rallies typically come with lower volatility, the cycles are accentuated by...
by Chris Belchamber | Oct 4, 2017 | Notable Articles
Illusions of Prosperity Astonishing and accelerating income disparity Trump Tax Plan: 2.4 Trillion more debt mainly for the top 1%? More Debt and inequality is the default long term stagnation plan An emerging alternative idea, and in establishment circles? A...
