New World Disorder

new world disorder

A new world disorder is unfolding, the latest being Hamas incursion into Israel with fatalities exceeding one thousand, including hostages. The severity of the attack has not been seen since the Yom Kippur War, the 1973 Arab-Israeli war. Hamas, an Islamic fundamentalist that does not recognise Israel’s right to exist, fired thousands of rockets, with …

Credit Squeeze

Credit Squeeze

Another credit squeeze is brewing as the unrealized losses on long-maturity treasuries keep deepening. QT and the Great Credit Squeeze The so-called narrative is that the Fed has gone guns blazing on inflation, which is way above the Fed’s target of 2%, so Quantitative tightening continues. QT2 started in the summer of 2022 and has …