Silvergate goes Tango Uniform last night. Silicon Valley Bank is hanging on by its fingernails. Jay Powell claims he’s just doing his job. Maybe somebody […]
Category: ECONOMICS
Is the First Bank Run of 2023 Happening? Silicon Valley Bank is Imploding
I don’t want to say this is bad, but just after 7:30 ET tonight, the stock was trading down, about 70%! Ouch. Then I saw […]
Silvergate Bank Goes Tango Uniform
There are times when you can say “see I told you so” and there are times you can say “by God you people are effing […]
FDIC Friday, er Wednesday Returns: SilverGate Bank in Talks with FDIC
Congrats taxpayers of America! We’re all buying an insolvent crypto bank because someone said something to someone and look squirrel! The story from Bloomberg via […]
India’s Minister of Energy Explains Economic Reality to Dumbounded CNN-International Host (Video)
The 8 plus minutes of your time will be viewed as deserts for the elitist stance of the West vis-a-vis the Russian sanctions and affordable […]
A Very Interesting and Dangerous Week Ahead
This could be one of the most interesting and dangerous weeks in world history. A crazy or bold statement, perhaps, but the average American is […]
I Tried to Warn Everyone in Early January About America’s Transportation Infrastructure Problems
Remember this story? I concluded that article with this statement: We are now living the second half of the book Atlas Shrugged. Buckle up, the […]
One Chart to Sum Up the Real CPI Month over Month
Ummm, yeah, “it’s contained” or whatever. From the St. Louis Fed Economic Data, month over month percentage change in CPI-U not seasonally adjusted: So much […]
A Quick Inflation Preview for Today’s Market
I apologize in advance for not presenting the long dissertation I promised but after spending the last day and night in the emergency room with […]
NFP Preview with a Warning
Ladies and gents, this has been the week of circus clown performers and data as earnings roll in on top of pump and dump artists […]
The 2023 Stock Market in One Chart
No, I’m not going to give boring, in depth technical analysis. My readers do not pay me for that. No, I’m not going to explain, […]
It’s Still a Bubble 2023 Edition, Part 17
I guess making this the ultimate bear market rally top in history just isn’t enough…. People and Tesla’s can not even drive on our streets. […]
Happy Fed Day – Predictions, Flops, Drops, and Slop
Welcome to B.O.H.I.C.A day ladies and gents. I have not been offering commentary on the markets because the lack of logic in posting commentary on […]
A Must Watch Interview With One of My Favorite Market Technicians (Video)
Sometimes when one has an overwhelming day at the office it becomes difficult to catch key interviews and commentary during wild market days like the […]
Bad Shiiiiiiit Happens (Big Money Video)
Just sayin…. “You may wish we have a Volcker style #recession instead of what you are going to get” – Charlie Munger pic.twitter.com/cLS4D2QYUp — Golden […]