The Sovereign Debt Explosion Issue This was the most fascinating week I’ve seen in the sovereign debt market in decades. Sovereign debt is just a fancy name for government bonds. Are we looking at the beginning of a multi-country sovereign debt disaster? Plus, the Saudis extend an oil production cut, a government bailout still leads … Read more
This is an excerpt from the DKI July letter: There’s a big argument happening in the financial community right now regarding the status of the dollar as the world’s reserve currency. The BRICS countries (Brazil, Russia, India, China, and South Africa) are expanding their coalition which now includes more than half the population of … Read more
This is an excerpt from the DKI July letter: DKI has written and spoken extensively about Japan’s financial problems. In a piece titled “Japanese Debt – We’re Taking a Victory Lap,” we provided links to our predictions that the Bank of Japan would eventually have to capitulate to market demands for higher rates. 10 Year … Read more
The Corporate Earnings and Clickbait Issue In honor of the entire mainstream media squawking about interest rates at 22-year highs (while being in-line with long-term trends), we’ll be introducing all of this week’s “Things” with clickbait headlines. This week, DKI readers and Twitter (or “X”) followers will get to read about: Fed Raises to Highest … Read more
This is an excerpt from the DKI July letter: Last month, I had the opportunity to spend a day with most of DKI’s former and current interns here in Westport, CT. Over lunch, each took a turn talking about how they got their current jobs. Every single one of them has found great first jobs … Read more
The Banking Issue The banks announced earnings this week. We’ll examine the performance of the Too Big to Fail (TBTF) banks vs the investment banks vs the regionals. Does the government have their thumb on the scale pushing deposits and profitability to one sector? Yes, and we’ll discuss why it matters. Plus, bonus points on … Read more
