The Market Twilight Zone Continues As Twilight Zone market conditions of suppressed volatility, low rates, central bank steroids and nosebleed

Hats Off to the Bulls—For Now At Least… So we live in a post-08 market that only goes up and

  In the midst of my current four-part history of the US markets, we all probably noticed the VIX gaining

Retail Bonds and Private Equity. Imagine an old black and white film with obvious good guys and bad guys, you

Top Managers See Market Risk Ahead Each of us have our all-star lists, from baseball players to novelists to artists.

The Federal Reserve: A Not So Noble History The Fed just fascinates me. From its current market rigging to its

 Tough Questions Clients and investors are increasingly asking the same sensible questions: how do global central banks work? The ECB?

 Feeling Crazy? Today’s broken markets consist of “healthy” commercial banks, a delusional central bank, a disruptive US President, a fractured

Once Upon a Time: Fed Guidance and Fairytale Markets. Ever since the ABS humpty-dumpty market fell off the wall in