Category: Doug Noland

Doug Noland: Latent Fragilities

I have a rather simple Bubble definition: “A self-reinforcing but inevitably unsustainable inflation.” Most Bubble discussions center on the deflating rather than the inflating phase. A focus of my analysis is the […]

Doug Noland: Intimidate Nobody

The evolution of New Age Finance took a giant leap with chairman Bernanke’s implementation of zero rates and QE. The Fed’s move to reflate the system through inflated market prices essentially ended […]

Doug Noland: Performance Chase

A Bubble collapse presented Dr. Bernanke the opportunity to test his academic theories, unleashing unprecedented monetary inflation specifically targeting securities markets. His policies spurred similar monetary inflation around the world that has […]

Doug Noland: The Great Fallacy

The pressing issue for global markets goes far beyond widening interest-rate differentials. Markets anticipate a future with the Draghi ECB eager to expand QE and, across the pond, the Powell Fed reluctant […]