Now it’s 2022 and another strange recession looms. That’s right, I’m calling it: Recession is here, or will be soon. And unfortunately, it will be a global recession. Like the COVID recession, this one has little to do...
The bottom line is big US companies’ Q4’21 fundamentals are precarious. While they reported fantastic revenues and earnings growth, their stock prices remained excessively-high.
Bankers and finance people use the term ‘counterparty risk’ which is a complicated way of saying that its possible someone will not deliver on their contract obligation.
The law of unintended consequences. The world is now at war. At least financial war. Russia has defaulted before. 1998. The LTCM collapse that almost brought down the global..