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 […]
Year: 2023
The Faith in Models Will be America’s Undoing
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 […]
Gen Z and the Millennials Are About to Get a Rude Awakening (Video)
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 […]
10.18.23 Stock Market Report: It was a Ranch Party
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 Cumulative Inflation Dilemma
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, […]
Another Dark Moment in Human History Begins
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 Consumer is Toast
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 […]
10.09.23 Marketwatch: Yeah, I’m Gloating
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 […]
10.09.23 Marketwatch: It’s a Sucker’s Game
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 […]
The Economy is Sinking so Follow the Smart Money
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 […]
10.08.23 Middle East Stock Markets Reflect the Turmoil
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 […]
10.08.23 Middle East War Day 2: Report of a Successful Hamas Para-glider Insertion at Tsalim Military Base near Dimona Nuclear Plant(updated 20:45 UTC)
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 […]
10.07.23 BREAKING NEWS: Israel Declares War as Palestinian Forces Attack Israel on Broad Front – Updated 14:15 UTC 100 Killed, over 900 Wounded in Israel
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 […]
10.06.23 Market Report: No, Non, No, Nyet, No, No
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 […]
10.03.23 Equity Markets: All and All, Just Another Brick in the Wall
The doom is palpable. One of my favorite accounts, of whom I do not always agree, posted a warning today on FinTwit (Financial Twitter) which […]