The bear market rally in equities hit a speed bump today but the reality of what is happening in our economy can no longer be […]
Year: 2023
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]
Q1 2023 Stock Market: On the Road to Nowhere
Before I hit the charts and explain my thread from March 24th, a brief musical summary of the stock market in the first quarter of […]
Inflation Warning Shot: OPEC+ Cuts Oil Production Until 2024
In what can be considered a warning shot to the Western economies, the announcement within the last hour of production cuts by numerous members of […]
How to Recognize a Cult
Sorry for the enforced absences this week but due to work and personal affairs to deal with concerning my Mother, it does restrict how much […]
03.30.23 BREAKING NEWS: Trump (Finally) Indicted by NY Grand Jury
Yes, all that fundraising and fleecing from trailer park Trump supporters was apparently necessary (via PIQ/Reuters): Trump hit with criminal charges in New York, a […]
03.24.23 Stock Market Preview: Cue the Piano Music
Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be […]
FOMC Today: The Four Horseman of the Bondpocalypse Ride
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the […]
Gold Soars Above $2000, Equities Down as Banking Panic Continues
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe […]
Don’t Watch Equities, Watch Credit Default Swaps
I’m just going to leave this here…. Remember: Bond traders are the smart money and they will blow CDS spreads out in a heartbeat to […]
Credit Suisse becomes Béar Stéarns: UBS Reportedly Acquires Company for 75 Centimes per Share
UPDATE: 15:18 ET- From the press conference in Switzerland the price is actually 75 centimes per share or about $3 billion. The headline has been […]
About Trump’s Arrest Story: He Lied Again
I know, I know, shocking, right? Former President of the United States Trump lied to the American people and his cult again after setting off […]
The Banking Crisis is A LOT Worse than Reported Earlier
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]
The Banking Crisis is Worse than Reported
There has been a lot of speculation as to why the second and third largest bank failures in US history occurred in the last ten […]
03.18.23 BREAKING NEWS: Former President Donald J. Trump to be Arrested on Tuesday
The vengeance and pettiness of the Democrat Party is about to cross the proverbial Rubicon on Tuesday, March 21, 2023. From President Trump on Truth […]