Tag: TSP Allocation Advice

Doug Noland: The Global Bubble

Credit is not innately good or bad. Simplistically, productive Credit is constructive, while non-productive Credit is inevitably problematic. This crucial distinction tends to be masked throughout the boom period. Worse yet, a […]

What Happened?

“What happened” is the question I was asking all day on Wednesday.  The market was having a broad-based risk-on rally which appeared to be defying the current tightening monetary policy narrative.  While […]

Another Market Top

The markets are extremely overbought, volume has lagged significantly on both the NYSE and NASDAQ exchanges during this rally, and all the major indexes are sitting at the level of previous peaks. […]