Doug Noland

Doug Noland, a seasoned market analyst and publisher of the Credit Bubble Bulletin, shares his insights on late-cycle dynamics. He discusses how Cayman Island hedge funds have emerged as major holders of U.S. Treasuries and the potential risks tied to debt bubbles. Noland warns of the dangers posed by corporate subprime credits and the implications of the AI investment boom. He highlights how complacency among risk takers can swiftly turn into market panic, emphasizing the rising demand for precious metals as a hedge against systemic risks.