October 11, 2007 By John Galt For the uninitiated, I am a historian by training and hobby, an op-ed writer and blogger by habit. Yes, […]
Category: ECONOMICS
Goldilocks Autopsy
by John Galt August 2, 2007 Despite the Fantasyland tickets being issued by the Bubblevisionistas, there is an extremely harsh reality sinking in to many […]
The Black Pearl is Sinking
By John Galt August 8, 2007 On March 18, 2005, Rob Kirby wrote one of the best articles warning everyone about what the future of […]
It’s Still a Bubble Part 21: Insanity Reigns Supreme
Apparently Jay Powell misunderstood the phrase “irrational exuberance” because instead of extinguishing it by announcing a 50 basis point increase, the Fed went full on […]
Welcome to the BOT
This will be a history lesson for those who have never been here before and a terrifying warning for those who think the policies of […]
What the Fed Really Said Today
I could easily sum up the press conference and statement with a music video: Unfortunately for those who think the Federal Reserve actually has a […]
FOMC Preview: Go Big or Go Home
Today is another adventure in the world of Jay Powell. There are many who show great respect for the Federal Reserve and its Chairman, however […]
The Japanese Yen Says Good Morning
Buckle up folks, currency traders are preparing everyone for a wild ride. Meanwhile the implications of the much speculated 50 bps cut in concert are […]
Gold Is Warning About a Major Economic Crisis
Throughout history, America has witnessed wild cycles of economic advance, often accompanied with inflationary price surges, then economic contractions which some might classify as deflationary […]
Today Trucking Sent a Recession Warning
For those who do not pay attention to reality and prefer the unicorn poop produced by the pump and dump media, there is a dark […]
Friday Non-Farm Payroll Prediction With a Dash of History
Personal Note: I’ll be in and out over the next week due to my mother’s terminal illness. So if the world ends, I’m sorry but […]
So Just How Bad was Today’s Stock Market? Here’s a Hint
The usual babbling heads of BS were on the Bubblevisions again saying that today’s market action wasn’t that bad and one of them actually broke […]
Is it Data, Methodology, or Just Propaganda
For those who are not part of the so called FinTwit (Financial Twitter/X), political, or economic blogosphere a very important debate is raging regarding not […]