Terry Burnham

Global Debt Crisis becomes Obvious The world has woken up to the problem of global mismanagement of fiscal and monetary...

From a historical perspective, America's current debt problem is much worse than it appears. Current debt/GDP figures are often ...

Stocks last to get the message? Stock markets around the world are at, or close to, all-time highs . As stocks rise, government debt continu...

Financial Fragility   Stock markets around the world are at, or close to, all-time highs . I continue to believe the financial system is fra...

Wolf! Interest rates around the world have broken out to new cycle highs (See my post " Global Stock Markets are Next to Fall " fr...

Stocks: The Last to Fall The Chicken Little "sky is falling" thesis has three parts. Government fiscal and monetary policy are dis...

  Crushed by Debt Global stock markets continue to go up almost every day. In the face of this relentless bull market, Chicken Little still ...

War without preparation President Trump is proposing a 50% increase in military spending for the coming year. If this budget were passed, it...

Winter is coming In 2019 , I observed that, like the grasshopper, the US was running a huge government deficit during the salad days of low ...

  Bull Market in jeopardy? Global stock markets remain the last asset class standing. US Treasury bonds have lost half their value. Bitcoin ...

  Bull Market remains strong In 2025, the bull market in global equities remained powerful, while Chicken Little occasionally left his hidin...

Equities: the last market standing. Global stock markets are among the last major asset classes to prosper. Bond markets globally have been ...