North Korea Conducts Missile Test, Announces New Warship

Bamboozled Once Again... Authored by Jim Quinn via The Burning Platform blog, “One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” ― Carl Sagan, The Demon-Haunted World  “Narcissists are unstable and go through repeated cycles of self-destruction, with...

What To Own Before A Bond Market Crisis Submitted by QTR's Fringe Finance As I wrote last week, foreign Treasury selling with yields already on the rise has perked up my attention. For decades, investors have treated U.S. Treasuries as the ultimate safe haven. In nearly every major panic, money rushed into government bonds, not away from them. But with deficits surging, interest costs climbing, and foreign demand for Treasuries no longer as unquestioned as it once was, some investors have started asking a different question: if the Treasury market itself ever came under severe stress, what assets...