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….

• 30 Apr, 2015

  Seven Lean Years? Done in Seven Minutes

  In Genesis (41:27), Joseph interprets Pharaoh's dream of 7 fat cows followed by 7 lean (and apparently, ugly) cows, as ...

• 17 Feb, 2017

  Non-Zero Sum

  There are prominent voices (and tweets) urging us to pull back, dig in, and lock the gate. This rising chorus of ...

• 9 Feb, 2015

  Where Have All the Bonds Gone?

  Apologies to Pete Seeger for stealing his song lyric, but I think bonds and flowers are sufficiently different that he ...