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….

• 23 Apr, 2022

  Beach Reading

  The Lincoln Highway, Amor TowlesEmmett Watson is released from prison when his father dies to take care of his younger ...

• 24 May, 2016

  Floating Oil

  Oil has had a nice recovery this year (see graph for Brent, YTD), up about 18% to over $48/barrel today. Of course, this ...

• 28 Aug, 2015

  Picking Up the Pace

  Lost amidst the market turmoil this week were a number of reports of a strengthening US economy. Consumer confidence ...