Category Posts

Way back in 1980, the (Paul) Volcker Fed jacked up interest rates to record highs in order to extinguish 1970s commodity induced...

Let me be the first and last financial pundit to explain that what Trump is doing right now is ending the 15 year super cycle that...

It's been a mere two weeks in Trump Crazy Land. But it feels like two years already... Friday morning, Barron's wrote that Trump had...

So far, Trump's second term is beginning the same way his first term began with respect to economic policy. In his first term, Trump...

"And so we're told, this is the golden age And gold is the reason for the wars we wage" The inauguration weekend kicked off with the...

Two trading days until Trump is inaugurated on the MLK holiday. I've read no pundits warning that next week is the locus of disaster....

"Sooner or later everyone sits down to a banquet of consequences" Denial has officially moved past the "This is not happening" phase to...

The technical definition of a bear market is -20%, however it appears that confirmation of bear market will arrive around the same time...

So far, the most highly anticipated Santa Rally in world history is heading in the wrong direction. Chalk that up to lessons in Ponzi...

The year is basically over and Wall Street "won". The usual bagholders have gone all in and now the annual Wall Street bonus is off the...

This week the Fed tanked markets with a hawkish pivot off of a universally expected and yet totally unwarranted rate cut. As I said on...

The seminal week begins... On Thursday last week Trump was named Time's Person Of The Year and he rang the opening bell at the NYSE. Two...