Regular EVA readers are no strangers to Danielle DiMartino Booth, former senior adviser to Dallas Fed President Dick Fisher before and after the housing bust. Even sporadic viewers of CNBC are likely to have seen her repeatedly interviewed on nearly all things Fed-related.
Given the spectacle that played out in Singapore at the beginning of this week, it’s easy to forget the state of uncertainty that markets and individuals lived in at times last summer when Kim Jong-un and President Trump traded nuclear war intimidations.
The ongoing EVA series with excerpts from my upcoming book (tentatively titled “Bubble 3.0, How Central Banks Created the Next Financial Crisis”) is getting a lot of attention from clients and readers. Depending on which camp people sit in – see-no-trouble bull or too-lightly-invested bear – the responses either strike a dispiriting or encouraging tone.
At the end of 2017, we initiated a new EVA series titled “Bubble Watch” where we went as far as to postulate that we’re in the midst of the Biggest Bubble Ever (BBE).
Sometimes our newsletter has been accused of writing too technically about financial markets. Truth be told, it’s a constant juggling act to write something that caters to casual market observers as well as to those who pore over the meeting minutes every time the FOMC convenes.