Disorderly Capital

Stupefying calm.

Substack, the platform that I use to distribute News Items to subscribers, had some "issues" earlier this morning, so I’m running a bit late. Things appear to be working again. Hopefully, you’ll be reading this shortly.

1. John Authers: “Where Minsky would find more grounds for concern is in the credit market. The calm there is stupefying. And in many wa…