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Notes From Underground: An Open Letter To the Davos Ruling Elites

We  are in a period of great political uncertainty. The Greek election is a wake-up call for all the established elites and their sycophants who drink high-priced alcohol to celebrate every new IPO and record high made in global equity indices. 1,021 more words

ECB

Notes From Underground: `Germany Is a National Tea Party'

Click on the image to watch Rick and I discuss the political ramifications of the ECB’s QE announcement.

ECB

Notes From Underground: Thursday, January 22 ... "The Day The Earth Stood Still"

In the famous 1951 sci-fi movie, an alien with a ROBOT has the power to threaten the entire Earth and bring human civilization to an end. 940 more words

Fed

Notes From Underground: Interest Rates In Limbo (Or, How Low Can You Go)?

Today it was the Danish Central Bank that lowered its interest rates in order to prevent the markets from trying to break the Danish KRONER/EURO… 824 more words

ECB

Notes From Underground: What Has the Swiss Wrought (Or Why 2+2=5 Is the Paradigm of Global Macro)

We at Notes From Underground have been pondering the global macro landscape and waiting for the inevitable ECB meeting January 22, and, of course, the Greek elections on Sunday, January 25. 670 more words

ECB