Gordon T Long

Articles by Gordon T Long

Let's start by making sure we understand the terminology we will be using in our discussion today. Too many times I hear people use these terms in the wrong and often confusing context.

LIQUIDITY: is about AVAILABILITY of Money &...
SLIDE 5

Going into last year we were tracking close to 33 Tipping Points. We thought 33 to be high, but somewhat expected the overall number to fall off going into 2018, with fewer but those ones likely being more elevated.

What we...
Why are we getting such diverging and maddening market messages from the equity and bond markets? Which one is right? Are either right?

Market Perceptions

Let's consider the perceptions of each of these markets:

Equity market...
The World Bank just released a telling report entitled "Trade Developments in 2016: Policy Uncertainty Weighs on World Trade". Though they deflect the problems in global trade to areas such as excessive regulatory initiatives and...
Problems in China are looming on top of an already very tenuous and misunderstood situation in the US Financial Markets. Additionally, Federal Reserve Policy has made the situation even more combustible!

As a result of a Trump...
THE EURO EXPERIMENT



It was always blatantly clear that an EU monetary union would inevitably require a political union to centralize decisions about tax and public spending. Without this occurring it was a misconceived and...
Investors need to focus on the two key long term structural changes now underway which are going to ignite destructive global dislocations through early 2020. To better understand why this is going to occur we need to place...
President-Elect Trump may have just unwittingly sowed an equity market draw-down which will send even more protesters into the streets of America. Donald Trump's stated economic policies are clearly pro-growth and if he manages to...
We may not know for a fact who will win the US election, but what we do know is that the Credit Cycle has turned. This will turn out to be more important in the near term, once the expected US Election market gyrations have subsided!...

Pages

Fed has done all it can to fix US economy's non-structural issues, now it must hike rates