The S&P finally checked in on credit quality. Perhaps they have insights into the innards of the cancer patient? Regardless, this commentary isn’t really rocket science, nor is extrapolating that the leveraged hedge-fund central banks that hold this credit are going to experience massive losses — that is unless they can successfully foreclose on the patient. Although I suspect Deutsche Bank and Italy (see) will be the triggers, it is such a moving target that it could come from anywhere.
I have agreed to contribute my articles to a new site. It is called fortuitously The New Nationalist (TNN), a name which was incredibly there for the taking, good karma. The NewNationalist.net focuses on my issues, as well as nationalist and Third Position politics.
The site is better organized, has topics neatly archived for user-friendly, easy searches and access. I love the look and format. The Disqus comment format is used. The proprietors have stronger website skills than I do, plus they bring to the table excellent material in their own right. This is perfect for me, and I invite you to bookmark, follow and explore the site.
Winter Watch (WinterActionables.com) will revert back to a subscriber-only website focusing on markets and investments. The archive will stay online here, but the more important articles will be republished over time at TNN.
Looking forward to seeing you there!