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Category Posts


Rational Exuberance
Powell is the new Greenspan. It was Fed chairman Alan Greenspan who began the legacy of bailing out the stock market at the first sign of...
Mar 21, 20242 min read


A One Sided Market
With this post I will discuss the various risks facing this robo market in the hours before the March FOMC decision. For the purposes of...
Mar 20, 20243 min read


Y2K Deja Vu
This week is the anniversary of the infamous Dotcom bubble implosion, so it would be highly ironic if this last Tech bubble is ending at...
Mar 14, 20243 min read


The Bitcoin Halving Event
This is a special report on the impending Bitcoin halving event which is set to take place April 17th of this year. First off, as most...
Mar 11, 20244 min read


FOMC: Fear Of Missing Crash
This is a special report to discuss the FOMC meeting scheduled for next week, March 19th and 20th. But first, this was the Barron's cover...
Mar 11, 20242 min read


The Perfect Storm
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...
Mar 7, 20244 min read


The Super Minsky Moment
When Nassim Taleb coined "The Black Swan Event" he did Wall Street a huge favour - He gave them plausible deniability to ignore all risk...
Mar 4, 20243 min read


Financial WMD
This is the monthly market report for February 2024. This is all an experiment in maximum financial idiocy. The results of which are TBD....
Feb 29, 20243 min read


The Casino Is On Fire
This is a special report ahead of the PCE inflation report tomorrow (Thursday). The animal spirits are running hot right now ahead of the...
Feb 28, 20242 min read


The Casinofication of Markets
Over the weekend Warren Buffett remarked that markets were increasingly resembling a casino. He came up with several different plausible...
Feb 27, 20243 min read


Fed Policy Error Update
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...
Feb 26, 20242 min read


Buy And Hold Is Dead
It died a long time ago. No one seemed to notice. Certainly no investment advisors. Late Friday, Warren Buffett's Berkshire Hathaway...
Feb 25, 20243 min read
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