Mornings with Maria

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On Friday October 21st I was on set with Maria Bartiromo, Kat Timpf and Dagen McDowell with a variety of guests. Here are a few clips from those three hours on set… with only one bathroom break… starting at 6am… and a lot of coffee…know my pain. We spoke with JMP Securities President Mark Lehmann on […]

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What Deleveraging?

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What deleveraging? China, the nation that helped bull the global economy out of the last financial crisis, is slowing markedly. China is also facing a debt problem. From 2002 to 2008, China’s total debt/GDP ratio was fairly stable and remained below 150%, but is now about 250%. It is possible that China’s debt issues may […]

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Real vs Financial Economy: Thoughts from Monte Carlo

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Last week I had the great honor of being invited to speak at the XIIth Annual International CIFA Forum, (the Convention of Independent Financial Advisors which is in special consultative status with the United Nations) in Monte Carlo. Who knows how I got invited back after speaking there last year, but when someone asks me […]

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An Evening with Nassim Taleb

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I have the great fortune of traveling extensively for work and was recently lucky enough to be able to spend an evening with Nassim Taleb, sponsored by RBS (Royal Bank of Scotland) in Milan, Italy. His discussion focused on his most recent book, Antifragile, which I highly recommend, but he’s probably most famous for his […]

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Interest Rates and National Debt

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The Federal Reserve has been under considerable pressure to provide details for just how it will control all the excess liquidity that it has created through quantitative easing. The Fed’s balance sheet, which can roughly be thought of as a proxy for the potential money supply, is almost 2.4 times the size it was in […]

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