Someone emailed me and said my WRTH bookshelf with the humidor pic looked boring. Thus this is the last martini of the night before I […]
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…
Umm, Y’all Might Want to Pay Attention to this Fact
Thanks to the boys and girls at Wall Street Silver for this one: “Once inflation goes above 5%, it has never come back down without […]
Results of the DeSantis v. Crist Debate
Um, welp, Crist is going to get smoked. No, it’s not cloudy, it’s just humidity.
It’s Martini Monday: Doberman Meets Commie Sissy Dog (Live Video)
Ah yes, one of the most anticipated events tonight begins at 7 p.m. Eastern time here in the Free State of Florida. IN this corner: […]
Hong Kong Hang Seng Index Crashes 6.2%
10.24.22 09:55 UTC Update: The overnight session in Hong Kong was especially brutal with a decline of over 1,000 points: This bloodbath brought to you […]
Financial Media Propaganda Still Goes Unchecked
Thankfully there are major websites like ZeroHedge, the FinTwit and Telegram crowds, and of some of us old timers who still try to remind everyone […]
The Federal Reserve’s Political Stick Save of the Stock Market
The hints that a political bail out were dropped for almost a week. The Fed Speakers were are analyzed to see if they dropped any […]
So Much for the “Cash on the Sidelines” Crowd
One of the other reasons the bulls kept hounding the “bulls will return and markets will make new highs” crowd has been so confident was […]
Lettuce Reflect on the Career of Prime Minister Truss in the UK
There has been a lot of vitriol in the leftist British media directed at Liz Truss and her disastrous, albeit brief, reign as Prime Minister. […]
The Bond Market Crash has Started
**** 10.20.22 16:10 ET UPDATE **** The bond market continued to sell off, down to 4.228% as of this update. The sell off is intensifying […]
Nothing To See Here, Just Godzilla and the Yen
No reason to panic. Hell, how could this impact derivatives or the world economy, right? Don’t worry, be happy. Got gold and silver?
Ukraine is Experiencing a Flying Lawn Mower Blitz (Video)
The attack of the flying lawn mowers, causing the US Pentagon to think about how to deal with killer John Deere’s on the domestic front: […]
It’s a Bubble, Part 14 (videos and more)
Man oh man as this sucker pops, the insanity reveals surfaces like parts of a shipwreck every day. Like this Tweet which crossed my timeline […]