Does anyone really think The Everything Bubble can just keep inflating forever?What do I mean by a profoundly shattering recession? I mean, a systemic, crushing recession that can’t be reversed with central bank magic, a recession that o…
Trump has gotten away with a lot, with Wall Street cheering him on, when he exercised constitutionally controversial executive powers. But when he threatened Wall…
Donald Trump’s twitter account is now the biggest market price discovery mechanism on the planet and he can jerk prices around anyway he likes.
The first “Bomb” hit at 8:02 am eastern.
In January 2018, Bill Gross was at it again. Famous for being the longtime public face of PIMCO, he’d acquired as much notoriety for being the boy who cried bear.
Curiously short on star power, the Jackson Hole gathering this year has already taken an odd turn. It’s been practically subversive.
What a day and week! Sven shows us in charts.
This is a chart of an informal kleptocracy which cloaks itself in the faux finery of democracy and a (rigged) “market” economy.
It’s becoming fashionable again to dismiss manufacturing. But maybe they shouldn’t.
Why doesn’t the government just check payroll tax collections instead?
