Author - Paul-Martin Foss

The Fed Blows the Bubble Bigger and Bigger, While More and More on Wall Street Warn of the Crash

As 2019 winds to a close, stock markets continue to see record highs. It’s a lot different than this time last year, when markets were plummeting to end the year. So what has changed? Well, the Federal Reserve decided to plow another few hundred billion dollars into financial markets to...

Mid-September Was the Closest We’ve Come to a 2008-Style Crisis, and Most People Are Clueless

One of the big stories in financial markets this year was the huge spike in interest rates on overnight repurchase agreements (repos). Very few people outside financial analysts and market watchers pay attention to repo markets or even know what they are, but these markets provide about $1 trillion...