Monthly Archives: October 2015

High Yield Spreads, Minsky Moment & Putin

I’m bracing for what could be a pretty severe market correction. There is a lot of leverage being used in the market with little appreciation of the risks, sometimes referred to as a Minsky Cycle. Once that cycle takes hold … Continue reading

Posted in Democracy, Diplomacy, Economics, Foreign Affairs, Politics, Ruminations, Stocks | 1 Comment