One thing I learned years ago as a Florida resident running an online business is that I don’t want to stick around to see if…
Bull and bear are entering the Thunderdome in September and October and only one will emerge victoriously.
There is this dreadful feeling that things are advancing toward some type of cataclysm.
No matter how much Fed officials keep insisting that inflation will (someday) rise toward 2% and stay there, the evidence right now gives them plenty of justification should they wish to change tune.
The Everything Bubble has topped out, and trying to push it higher for the next 14 months is a sure way to increase the damage next year.One of the more reliable truisms is that Americans vote their pocketbook: if their wallets are being thinned (…
Profit growth from business expansion ain’t happenin’.
The Treasury market looks a tad overdone.
In July we saw that the market was at a record overbought extreme versus liquidity. I warned then that the bullishness we saw earlier this…
After having screwed everything up from August 2007 forward and left the world in this precarious state, central bankers have performed one further despicable disservice.
Having destroyed discipline, central banks have no way out of the corner they’ve painted us into. It was such a wonderful fantasy:
