A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Kool Aid ’
Three Critical Industries Now in Serious Capital Destruction Mode
In the whodathunk department, Reuters is reporting that Chinese buyers are defaulting on deliveries of iron ore and coal shipments. As I have been reporting for months, ships have been mothballed, triggering another round of under-reportedbanking losses. Also reported from China is a 15% drop YoY in property sales, and more importantly it saw a 19% drop...
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Fed Bubble is Now Common Knowledge: A John Galt Moment?
One of the “elite,” conomist Martin Feldstein was once considered one of the finalists for Greenspan’s spot, before a true sycophant, the Bernank, was appointed. The rest is history but seems Feldstein is having an Atlas Shrugged, John Galt moment about what has transpired.
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Wall of Worry: It’s Time to Make These Two Adjustments
The stock market is off to its best start since 1998, but now what?
The markets could continue drinking the good times Kool-Aid ...
Or April could be the last hurrah before a May hangover has us all reaching for the Alka-Seltzer again.
What do...
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Kool Aid Drinking Tastes Good At Peak Orwell
With the ECB and European governments throwing good money after bad, the Wall Street Examiner’s Lee Adler asks Russ Winter of Winter (Economic and Market) Watch, “What were they thinking?” As Russ so aptly puts it, the Kool Aid tastes good with the world at Peak Orwell. Russ expects a crash soon. Lee expects...
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Consumer Confidence Holds Near 3 Year High
Have they been chugging the Kool Aid??
U.S. consumer confidence last week held close to the highest level in almost three years as more Americans said their finances were in good shape.
http://www.bloomberg...fort-index.html
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Obie Drinks the Kool Aid, What Would Shakespeare Say?
I like Obie, but he has drunk the Kool Aid. We are doomed. He’s listening to the advice of those very same world renowned egonomists who never saw the current mess coming. How could those who never saw it coming in the first place, and didn’t recognize it after it had already begun have...
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