“In a time of universal deceit – telling the truth is a revolutionary act.” – George Orwell For the last 18 months world GDP has been falling like a stone.   However, massive central bank buying has

  It is now just as important to understand the source of financial and economic information as the information itself. Otherwise, if you are an analyst who examines the data you

The FOMC statement this week suggests that the Federal Reserve is choosing to ignore an avalanche of problematic information. Why? As the mismatch between the data and the so called

Building on last week’s theme of crumbling credibility in the world’s current Fiat Money system, there was a great deal more evidence on view this week. There were 4 new

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow

Are bank deposits now unprotected backstops for bank trading losses? Are US stocks right and all other markets wrong? Does declining income and weak capital generation no longer matter for

  Stock markets started disconnecting from the economy in the first half of 2013. This served multiple purposes. Disguising policy failure is just one. Economic impact is obvious from the

US Priced For Deflation! Riding The Tiger? There was a day in October when central banks needed an urgent discussion. The S&P 500 had just fallen almost 10% in just

The Cycle Dynamics portfolio bridges a gap in investment management between the All Weather approach and trend following systems.  A quick review of the All Weather and trend following methodologies