Let’s talk briefly about China. China is thought to be the great growth story of the post-2008 era. China’s economy not only bottomed before the developed world, but by most accounts, China was
The Fed has now kept interest rates at zero for 81 months. This is the longest period in the history of the Fed’s existence, lasting longer than even the 1938-1942 period of ZIRP. And the US
The stock market is rapidly running out of props. First off, corporate sales and profits are rolling over. As Charlie Bilello recently noted, we’ve had two straight quarters of Year over Years
