All is well. Remain calm. The middle class is booming. The poor are living the high life, they are only rioting because of the bad…
Posts published in October 2023
There are many life lessons. #1 is do not point a gun at a cop. I promise anyone that will not end well. #2 is…
For the long time followers of these pages dating back to 2007, this opinion piece shall not come as a major shock or surprise. But…
This afternoon, one of my online cohorts re-X’d (?) a video from a Gen-Zer which is far more typical than people think: This video is…
For those of you not on the inside, you might not get this. However for everyone else, the truth is pretty clear and ugly as…
The media and the Fed seem to have declared victory over inflation this week. If this is your first experience with inflationary periods like this,…
For those who were following the first two nights of the outbreak of the Middle East War on my blog, I thank you. It was…
The media has been hyping the consumer is still strong nonsense for many, many months now. To the point that has become nauseating propaganda which…
I don’t always get it right, but when I do, kiss my hairy, sometimes gloriously tanned arse. The markets rallied today in the face of…
The angst over the Middle East War, the irregular strength in the US economy, rumors of financial institutions having problems with bloated reserves full of…
During the past week, there were two striking television segments which caught my attention regarding the financial markets and the coming collision between higher rates…
The Middle East War has obviously impacted equity markets in the region this morning. Israel’s TA-35 opened down sharply, just over 7% and recovered some…
UPDATED 20:45 UTC: No rest for the damned. If they are successful at the Tsalim military base with an attack, the F-35’s there would be…
To wake up to this breaking news is somewhat disturbing but here we are in the post Pax Americana world. UPDATED 10.07.23 14:15 UTC: From…
Markets like this bring back memories. The morning started out with the “nobody got the NFP correct” including yours truly. I expected a hot number…