Colin Twiggs

Contributor since: 03 Aug 2011

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• Beware of The CAPE

  Published 27 January 2014 | viewed 0 times

  I have just read  John Mauldin's warning that the market is overvalued: Not only does today's CAPE of 25.4x suggest a seriously overvalued market, but…

• Forget Too-Big-To-Fail: Kill the Fractional Reserve Banking System

  Published 31 March 2013 | viewed 0 times

  Interesting discussion on Bloomberg about currency-backed deposits and equity-funded loans. The fractional reserve banking system is the primary cause of instability and asset bubbles in…

• Income Inequality: Cause of our Predicament or a Convenient Scapegoat?

  Published 08 October 2012 | viewed 0 times

  A reader reminded me of this 2011 Vanity Fair article, where Joseph Stiglitz argues that growing income inequality will harm future US economic growth. "What…

• Raising Taxes: 73% of Nothing is Nothing

  Published 12 September 2012 | viewed 0 times

  President Francois Hollande recently increased the top income tax rate in France to 75 percent -- for incomes in excess of €1 million. This is…

• When Austerity Fails

  Published 06 June 2012 | viewed 0 times

  Austerity decimated Asian economies during their 1997/98 financial crisis and similar measures have failed to rescue the PIIGS in Europe 2012. David Cameron's austerity measures…

• US Public Debt Growing at Unsustainable Rate

  Published 21 March 2012 | viewed 0 times

  We often blame Fed monetary policy for the GFC, with interest rates at exceptionally low levels leading to "Greenspan's bubble." Treasury was just as culpable,…

• Gold, Stocks and Forex

  Published 05 January 2012 | viewed 0 times

  To arrive at an outlook for the year ahead we first need to analyze the big trends that endure for decades and in some cases…

• The Path to Recovery: How to Bring the Debt Binge Under Control

  Published 20 December 2011 | viewed 0 times

  The debt binge since 1975, fueled by an easy-money policy from the Fed, has landed the US economy in serious difficulties. Wall Street no doubt…

• Deleveraging is Over - It's Time To Cut the Deficit

  Published 30 November 2011 | viewed 0 times

  US commercial bank loans and leases bottomed in April 2011, after shrinking more than $1 trillion in the previous two years. The annual rate-of-change has…

• The Paradox of Thrift -- Debunked

  Published 24 October 2011 | viewed 0 times

  Ever since John Maynard Keynes popularized the Paradox of Thrift, economists, central bankers and politicians have labored under the misapprehension that high levels of savings…

• The Way Forward

  Published 29 August 2011 | viewed 0 times

  There were plenty of central bankers and economists with glum faces at Jackson Hole, Wyoming this week as speakers reviewed the challenges ahead. So far…

• 10-Year Treasury Yields at New 50-Year Low

  Published 22 August 2011 | viewed 0 times

  10-Year Treasury yields are testing support at 2.00 percent -- a 50-year low. One thing is clear: Fed monetary policy has failed. Suppressing short-term interest…

• Tipping Point

  Published 03 August 2011 | viewed 0 times

  These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can…