Why you shouldn’t sweat China’s market woes
A lot of people have been asking what the heck happened in China this last couple of weeks, and whether it’s a problem for us. Let’s answer the second question first: no. The sharp correction in [...]
Why is everyone worried about the bond market?
All of a sudden, people are freaking out about the bond market. Blackstone’s Stephen Schwarzman, JPMorgan’s Jamie Dimon and economist Nouriel Roubini are all on record wringing their hands about [...]