The eventual price of substituting magical thinking and survivorship bias for actual evidence will be far higher than the complacent realize.Here’s a sampling of complacent assertions being made about the COVID-19 virus as if they were certitudes:It’s …
UPDATE- A few minor corrections. Federal revenues soared in January. Spending soared more. A lot more. Despite all that stimulus, the tax data suggests that…
Over the weekend more stimulus chatter from the Chinese and voila the post holiday market losses in China were erased no matter how severe the impacts on the Chinese economy may be. […]
As the asset bubble roars on it is time to check in on $AAPL, one of the 4 horsemen of the Megacapocalypse. Four stocks not only controlling and dominating so much of […]
The Fed must now accept responsibility for what happens in the end-game of the Moral-Hazard Monster Bubble it created.Contrary to popular opinion, the Federal Reserve didn’t set out to create a Monster Bubble that has escaped its control. Also con…
Time to check in on the good old $VIX. Crushed again on Friday following another week of meaningless chop during trading hours. The broader price ranges continue to be printed in overnight […]
Confirmed coronavirus cases almost doubled over the past week to 67,000. It’s only fitting that global stocks rally to record highs as the faltering China Bubble places the global Bubble in serious jeopardy.
It’s just Germany. It’s just industry. The excuses pile up as long as the downturn. Over across the Atlantic the situation has only now become truly serious. The European part of this globally synchronized downturn is already two years long and just recently is it becoming too much for the catcalls to ignore. Central bankers […]
The lull in US consumer spending on goods has reached a fifth month. The annual comparisons aren’t good, yet they somewhat mask the more recent problems appearing in the figures. According to the Census Bureau, total retail sales in January rose 4.58% year-over-year (unadjusted). Not a good number, but better, seemingly, than early on in […]
“And I heard a voice in the midst of the four beasts, and I looked and behold: a pale horse. And his name, that sat on him, was Death. And Hell followed […]