Test Of Exuberance
Podcast: Download (Duration: 21:23 — 14.7MB)
Markets uncertain despite good news from Japan, Libya.
Podcast: Download (Duration: 21:23 — 14.7MB)
The monthly publication for financial institutions was started in January 1982. This competently covers the stock market, the yield curve, credit spreads as well as metal and energy prices. Bob, as chief financial strategist, writes the weekly overview - Pivotal Events

I wonder what Mr Hoye thinks of Rogoff’s book, “It’s Different This Time”? It’s a pretty strong investigation into the financial history of govt defaults. Seems almost every fiat currency country ends up creating money into oblivion once they get into a very high debt position.