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...

Powell’s Rate Pause Won’t Save Stocks

February 11, 2019 Jerome Powell threw Wall Street a lifeline recently when he decided to temporarily take a pause with the Fed’s rate hiking campaign. The Fed Head also indicated that the process of credit destruction, known as Quantitative Tightening, may soon be...