LYFT Mania is Wall Street’s Dead Canary

April 8, 2019 Recently, Wall Street has been myopically focused on the IPO of a ride-sharing company called Lyft, which by the way, is hemorrhaging money. Since investors have become much less concerned about profits and valuations, this offering was an incredible 20...

China Can’t Save the Global Economy Again

March 25, 2019 China has acted as part of the life support system for the global economy during the past two decades. The other part being comprised of central banks. When the Tech Bubble burst back in 2000, China began printing and borrowing an incredible amount of...

Asset Bubbles and the Economy are Now One

March 11, 2019  After this latest round of a deflationary recession/depression consummates, global central banks and governments will engage in an epic battle to re-inflate asset prices such as never before contemplated. Indeed, they are laying the framework for that...

The Cavalry may not Arrive on Time

February 28, 2019 A vast amount of economic data had been delayed due to the government shutdown that lasted 35 days from December 22nd to January 25th. But now, unfortunately for the Wall Street shills, it is all coming out—and, for the most part, it is downright...

Repo Man’s Valentine’s Day Present

February 25, 2019  The New York Federal Reserve recently sent out an early Valentine’s Day present to a certain group of individuals. However, this gift wasn’t to overleveraged American consumers; but rather to those who are employed repossessing one of those goodies...

Wall Street is Chasing Ghosts

February 19, 2019 Wall Street’s absolute obsession with the soon to be announced most wonderful trade deal with China is mind-boggling. The cheerleaders that haunt mainstream financial media don’t even care what kind of deal gets done. They don’t care if it hurts the...