Bear market or bubble reflation: what comes next?

In March 2019, I published an article looking at historical perspective on boom/bust cycles in SeekingAlpha. I suggested then that, “the (still) festering economic imbalances might get resolved along two alternative scenarios. Either we’ll have a full-blown deflationary depression that could see asset prices drop by 50% or more, or we’ll have a strong and … Continue reading Bear market or bubble reflation: what comes next?

How we knew yields would collapse?

While most market experts completely failed to predict this year’s [2019] collapse in interest rates (see the chart below), we traded the event profitably. In this article I summarize the the hows and the whys of our performance with I-System strategies. How did we know to short US T-Notes starting in Q4 2017, then reverse … Continue reading How we knew yields would collapse?