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Economic and and financial news and analysis

Robert D. McFly

Some of the comments in the article below confirm the existence of and entry into a third bubble within the last decade. I couldn’t get past McFly and had to puke, so sorry. After reading this I know without a doubt, we will crash again. A gut wrenchin…

WTF?

No, this is not a fake headline. This has been making the rounds on a lot of blogs and finally hit the mainstream media. I have been trying to figure out why we still need QE 2 and this just answered my question. There is no rule of law left in the ba…

CNBS Technology Special

I just had a bubble flash back. Crapavision had a technology visionary round table special tonight and I came away feeling like the next smart phone might be called a smart ass because it will be able to wipe it for you. As for the round table, it remi…

New CNBS Bubble Language

Have you noticed when stocks hit a new all time bubble high CNBC doesn’t just say, “new high.” Pay close attention. It is now a “fresh” new high. I feel like I am watching a commercial for Chili’s when the camera scans to a perfect looking steak with…

This Weeks Stoopid Awards

Last week was business as usual with the bears being neutered due to the bad news is good and good news is better. In the bad news department, we had a crappy jobs report, unemployment is at 17% (the real number), foreclosure gate broke wide open as th…