Sitemap - 2018 - The Credit Writedowns Newsletter

More on the steepening yield curve and deteriorating credit conditions

What to make of the best one-day percentage gain for US stocks in over nine years

The Trump Presidency is collapsing

Fight the Fed

The Fed acts as Credit Writedowns predicted. Here's why and what to expect.

Will the Fed throw the market a bone tomorrow?

A No-deal Brexit is tantamount to Britain's unilateral repudiation of the Good Friday Agreement

More on the resiliency of the US economy

Wait until crisis for the dollar, expect 2019 curve inversion, plus other predictions

An update on Brexit after May wins confidence vote

Theresa May's saving grace is the ticking clock on Brexit

Handicapping potential outcomes in the Brexit saga

Cold War 2.0, a broken Germany and a US Federal Reserve at the crossroads

Six topics I am following which will impact economy and markets (part two)

Six topics I am following which will impact economy and markets (part one)

General Motors is proof that slashing wages isn’t the ticket to profitability

The global growth slowdown is accelerating

More on the US Treasury yield curve inversion and widening bond spreads

Updating the global economic outlook for the China-US trade war pause

Tepper: The Myth of Capitalism - my review

The Fed minutes and concerns about the pace of rate hikes

Recapping Powell and reasons why the Fed might pause as oil falls below $50 a barrel

Powell's comments weren't that different from Clarida

Let's unpack Clarida's comments while we wait for Powell

Trump is making it harder for the Fed to ease

The credit cycle is now turning down. Here's the evidence and the vulnerability

The credit cycle is now turning down

Expect political trench warfare as the economy slows

Countdown to inversion: US Treasury curve flattening has resumed

Is Trump's goose cooked on the economy?

More on the meltdown in oil (and a cut in oil capex)

Predicting the political economy for the 2020 US presidential election

Confirming a second global growth slowdown as Trump tries to consolidate power

The bear market in crude

Back to the Fed

How far is Trump willing to go?

US midterms post-mortem: A divided congress for a divided America

As we head to the mid-terms, what about the economy?

A quick note about the bond market

The jobs number was great, but it's all about the Fed now

Forget about $100 oil and disregard the non-farm number too. Watch housing

More on domestic 'unilateralism'

Hanging on Apple's earnings as the stock market ticks up

A quick note on how 'unilateralism' works domestically

On stagnation in Italy, GE's dividend, the weak yuan, and a rudderless Germany

How the Internet drives polarization

On the economics of climate change, the end of the housing ATM and the scalability of human intervention in tech

Trump the successful cultural warrior

Merkel will leave a vacuum that nationalism will fill

The flight to safety even includes Italian sovereign debt now, as US housing market feels Fed tightening

On the recent market selloff, tech earnings and privacy

Chinese innovation, Tesla's profitability, the migrant caravan and the market plunge

Nationalism vs populism vs thwarting democracy

Global bond markets are pointing to risk-off, particularly regarding Italy

European selloff highlights resumption of US treasury bear flattening

Using technology to phase out human workers

EU expansion to 27 members altered the EU radically

Greens have replaced the SPD in Germany and something Putin and Juncker appear to agree on

Italy is too big to fail

China's doubling down on command-style economic governance as growth wanes

The euro was always controversial: What Eurobarometers say about the EU's legitimacy (part two)

What Eurobarometers say about the EU's legitimacy (part one)

The disintegration of legitimacy in western democracies

Lyft subscription plan is the future of ride hailing

Trump's amoral stance on Saudi, Sears' potential liquidation and a bearish fund manager survey

Watch Congress on Saudi not Trump, and look at China as the key to climate change

The post-Kavanaugh midterm narrative is wrong

Key takeaways from yesterday's election in Bavaria

A quick note on the Sears bankruptcy

More on Trump's accomplishments and the gender divide in voting for him

$200 oil as a black swan

More on bank earnings, the threat to democracy and playing with authoritarian ideology

Bank earnings, rising mortgage rates, what strategists say about the selloff, and "dangerous undercurrents" in the global system

Why the ten-year's hitting 3.25% has spooked asset markets

100-year storm as market groups break below 50- and 200-day daily moving averages

Some thoughts on the impact of $100 oil on the US, Europe, Japan and EM

Asian firm confidence at 3-year low as Singapore and India drive wealth gap

An Italian banking crisis and mark-to-market rules