Category: Perspectives

TSP & Vanguard Smart Investor Posts

Doug Noland: MBS and the Core

My thesis holds that the global Bubble has been pierced at the “Periphery.” After erupting at the “Periphery,” de-risking, deleveraging and Contagion have been gravitating toward the “Core.” Sinking MBS prices (spiking yields) confirm my view that “Periphery to Core Crisis Dynamics” have now attained important momentum at the “Core.” 

TSP Just Got Amazoned

Way, way back in August (ancient history for stock speculators) I wrote a blog post called Don’t Get Amazoned.   I was metaphorically speaking about the US stock market and what I see coming.  […]