Good as Gold

The ECB rumor mill over the past two weeks hyped the possibility of a shock-and-awe stimulus package, on top of the shock-and-awe stimulus packages the ECB has already implemented, namely negative interest rates, liquidity facilities, and QE. The entire German government bond market, even 30-year bonds have negative yields. And the German economy shrank in … Continue reading Good as Gold

It was fun while it lasted

In 2016, with Donald Trump conducting energetic political rallies and an un-charismatic Hillary Clinton lecturing everybody about misogyny and racism, a group of high-level Executive branch officials colluded with the Hillary campaign and Fusion GPS to gather dirt on candidate Trump. Fusion GPS hired former MI6 agent Christopher Steele to see what he could find. … Continue reading It was fun while it lasted