Category Posts

In markets as in real life, the crazier things get the more human beings attempt to "normalize" absurdity. It's a form of mental defense...

When Nassim Taleb coined "The Black Swan Event" he did Wall Street a huge favour - He gave them plausible deniability to ignore all risk...

This is the monthly market report for February 2024. This is all an experiment in maximum financial idiocy. The results of which are TBD....

This is a special report ahead of the PCE inflation report tomorrow (Thursday). The animal spirits are running hot right now ahead of the...

Over the weekend Warren Buffett remarked that markets were increasingly resembling a casino. He came up with several different plausible...

It was a boring day on the markets so I was perusing some of my Fed (FRED) database charts and noticed that consumer delinquencies have...

It died a long time ago. No one seemed to notice. Certainly no investment advisors. Late Friday, Warren Buffett's Berkshire Hathaway...

This is the weekly market summary for the week ending February 23rd, 2024. Last week I wrote about the AI Supernova. That rally peaked on...

With the U.S. closed, let's take a look at what's going on around the world. First, the European Composite (weekly) hedged in Euro terms:...

This article is a follow-up to my first post on the housing market. In the last article I showed the long-term home price index for the...

This is the weekly market report for the week ending February 16th, 2024. It's been a crazy week. Hard to believe but the AI melt-up that...

This is the weekly market report for week ending February 9th, 2024. My overall hypothesis is that extreme asset inflation is obscuring...