by pentoport | Jan 13, 2020 | Commentary
January 13, 2020 It is not at all a mystery as to the cause of the wealth gap that exists between the very rich and the poor. Central bankers are the primary cause of this chasm that is eroding the foundation of the global middle class. The world’s poor are falling...
by pentoport | Dec 20, 2019 | Commentary
December 20, 2019 God bless Paul Volcker. He was truly a one of a kind central banker, and we probably won’t see another one like him ever again. It took his extreme bravery to crush the inflation caused by the monetary recklessness of Arthur Burns and the...
by pentoport | Dec 16, 2019 | Commentary
December 16, 2019 The global fixed income market has reached such a manic state that junk bond yields now trade at a much lower rate than where investment-grade debt once stood. Investment-grade corporate debt yields were close to 6% prior to the Great Recession....
by pentoport | Dec 9, 2019 | Commentary
December 9, 2019 One would have to place their trust in unicorns, sasquatch, leprechauns, and the tooth fairy to believe the current economic construct is sustainable. You also need to be woefully ignorant of history. In fact, there has never been a nation that...
by pentoport | Dec 2, 2019 | Commentary
The stock market has now priced in a perfect resolution for all of its erstwhile perils. Wall Street Shills would have you believe that since the Fed has turned dovish, it will always be able to push stocks higher. The trade war is about to reach a peaceful...
by pentoport | Nov 12, 2019 | Commentary
November 12, 2019 Recently, there has been a parade of central bankers along with their lackeys on Wall Street coming on the financial news networks and desperately trying to convince investors that there are no bubbles extant in the world today. Indeed, the Fed sees...
