The majority of financial media is in need of two paddles and a shock to their chests as the “bull market forever” and end of […]
Warsh, Rinse, Repeat
Meet the new boss, same as the old boss. With those prophetic words uttered by The Who, America welcomes a new Chair to the Federal Reserve replacing a Burnsian like failure, Jay Powell. The question becomes what type of Fed Chair does Kevin Warsh intend to emulate or does he actually have a new reform minded program which might actually modernize some of the antiquated thinking which has lead to crisis after crisis since LTCM in 1998? I. The Greenspan Repeat? To answer this question, let's review some of the commentary and statements from Mr. Warsh himself to formulate some ideas. New Fed Chair Kevin Warsh suggests he may take an Alan Greenspan-style approach at the central bank The following…
What if the Bond Market Isn’t Warning About Inflation
The common theory being propagated by the media is that…
Credit Union Failure Vacation Edition: Jackson Area Federal Credit Union in Jackson, MS
I go on vacation to the tropics for a week…
05.01.26 Bank Failure Friday Returns: Community Bank and Trust LaGrange, GA
It's been a while, but here we go again. From…
12/18 FOMC Preview: A Hawkish 1980 Rate Cut
Here we go again boys and girls. It’s that time where our monetary overlords step down from the mountaintops and bequeath upon us their rulings […]
It’s a Bubble, Part 23: Peak Insanity has Arrived
Just when we all thought it was time to safely inspect and enjoy the Santa Claus rally and some rationality returning to the American economy […]
December Gold’s History Indicate Troubled Economic Times Ahead
The usual and newly minted crypto souls are back on the various financial media and websites preaching that once again the “shiny rock” is no […]
Inflation? What Inflation? Shut up Knaves!
In one of Mel Brooks most definitive works, a scene where he is playing King Louis the XVI and the “piss boy” summarizes pretty much […]
The Reason and Consequences of the Fall of Syria
Before this short opinion piece proceeds any further, as a student of history for the region, this author is in no way, shape, or form […]
America’s 80/20 Recession
The “Pareto Principle” or 80/20 Rule is a well established theory which can be applied many obvious sciences, or as in the case of economics, […]
It’s Still a Bubble, Part 22: By 2029 We’ll be Praying for the Asteroid
No, seriously, we will. Or at least those that went to an online wagering market getting 10:1 odds that it will the earth. Just like […]
Exiting the Eye of the Storm
For those long time residents of Florida who have endured hurricanes and readers of these pages, the headline for this brief piece is perfectly logical […]
Shocking News for Newly Minted Gold Bulls
The panic is on with the new gold bulls as prices have declined precipitously since President Trump won the election. The various headlines from the […]
The Untested Equities
There is an ongoing theory that Wall Street and it’s financial media lapdogs promote every time a major bull market rolls around: “It’s different this […]
It’s Never a Crisis Until Yesterday
Today the bond market resumed its violent move with higher yields which shocked the world after President Donald Trump’s resounding victory. So why is this […]
The Election is Over, so What’s Next?
The resounding victory of President Donald Trump over Vice-President Kamala Harris has opened up the biggest economic question of the modern era: Now what? The […]
11.08.24 Credit Union Failure Friday: Alliance Credit Union, Gainesville, FL
It’s been a wild week so why not top it off with a financial institution going Tango Uniform. No banks thus far, so this one […]
Jill Biden’s Russian Influence on Election 2024: A Very Russian Policy
Jill Biden is a Russian agent???????????? Say it ain’t so Joe! Okay, he wouldn’t know if she was as he’s more senile than anyone in […]