Boaz Shoshan

The fallout from the Nasdaq nuke on Wednesday persists across markets. Asian markets have had a bounce, but in the West, stocks are suffering. The FTSE, the S&P, and the EuroStoxx have continued to bleed. And importantly, government bonds in…

The men labelled by the Italian deputy prime minister as “the gentlemen of the spread” are roughing him up. Who are these “gentlemen of the spread”? In short, they’re investors selling Italian debt, and buying German debt instead. The buying…

The Lone Ranger has returned. Not in a reboot of the classic black and white western series, but in the US stockmarket. A master of disguise, he now goes by the handle “S&P 500”. In his guise as the US…

If you were a government looking to default on some debts and didn’t want to ruffle many feathers, who would you decide to default on? Which lender would be the most politically palatable victim? And which would damage your credit…

What if you invested in the next market bubble… before it became a bubble? What if you bought an asset when it was trading at fair value… before everyone and their dog bought in too? Due to the structure of…

It’s happening. Blood is being spilt in the financial markets over Italy. Italian government bonds continue to plummet as investors sell them off cheaper and cheaper. The latest trigger? Claudio Borghi, a senior official and lawmaker in the Italian government,…

“A good sketch is better than a long speech.” – Napoleon Bonaparte The written word is faced by an ancient threat today: hieroglyphs. Kids these days can have entire text conversations with each other, while barely typing a word –…

A short letter today. I’m just off to host a quarterly conference call with Tim Price for subscribers of The Price Report. With the tenth anniversary of Lehman Brothers’ bankruptcy just two days away, it’s a time for reflection. What’s…

“What joins men together is not the sharing of bread but sharing of enemies.” – Cormac McCarthy, Blood Meridian More than a year ago when we had a hung parliament, I suggested in Capital & Conflict that those wanting power…

Another week, another member of the elite rings the alarm on the growing risk in the financial system. Harald Malmgren was a senior economic adviser to presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon and Gerald Ford. A consummate…