Category: Doug Noland

Doug Noland: Market Realities

Markets have grown well-versed at disregarding structural issues. I’m still amazed at what the marketplace was willing to ignore throughout the mortgage finance Bubble period: A doubling of mortgage Credit in just […]

Doug Noland: Regime Change

Deutsche Bank (DB) operates, after all, in the core of global derivatives markets and securities finance… Derivatives lurk at the epicenter of global financial crisis risk. It’s right here where global central bank […]

Doug Noland: Cracks

As the cycle extends and timid central banks dilly-dally, the gap widens dramatically between bullish perceptions and mounting systemic deficiencies – between inflating expectations and deteriorating fundamental prospects. This chasm, however, is […]

Doug Noland: Subprime and Short Vol

These days, all these structured volatility products have been key to enormous pools of “money” chasing inflated securities prices increasingly detached from reality.  A Paradox of Dysfunctional Contemporary Finance: The higher home […]