Shades of 2007?

Nice graphic in today’s FT showing the spike in vol and sell-off in risk (Greek bond yields jumped from 5.5% to 9% in the past few days).

I still think this is mostly noise, a normal, and overdue, correction. But, stay tuned….

• 24 Jul, 2015

  Plunging

  Commodity prices are in free fall. The Bloomberg Commodity Price Index (5-year chart below) is off about 30% in the last ...

• 20 Nov, 2015

  Under My Thumb

  As Mick Jagger sang (screeched?) 50 years ago. The song was about turning the tables on a domineering woman (The girl ...

• 8 Feb, 2022

  Fireside Reading

  It's beach weather in LA this week, but in deference to the rest of the country, we'll stay with Fireside Reading. Three ...