09.04.20 17:50 ET Today the Federal Reserve basically created risk free “capitalism” for all; if you have enough money to play along. However the various […]
About That Golden Age GDP Report for Q4 2025
Today's GDP report came out and of course the media focused on their favorite metrics but the statement from the Bureau of Economy Analysis couldn't have been release before President Trump released his usual social media commentary. Actually, "Two Late" (sic) Powell could have cut rates 100 bps in September but the President who is nothing even remotely close to being an economist much less a banker doesn't understand anything about the Fed's transmission rate or duration. The report was ugly enough for him to truther so let's see why together: That's brutal, a 3% drop primarily attributed to 1% for the shutdown and a general slow down in economic activity across the board. This has nothing to do with…
About That Golden Age GDP Report for Q4 2025
Today's GDP report came out and of course the media…
Trump’s EPA Decision was Based on Science and Logic
I long ago said that when President Trump did good…
Is the Precious Metals Correction Over?
The panic for the permabulls in precious metals was palpable.…
01.30.26 Bank Failure Friday First of 2026: Metropolitan Capital Bank Chicago, IL
I guess while the regulators are still working a few…
The 2nd Bank Failure of 2020 Happened Last Friday
07.04.20 23:00 ET A sign of problems past appears again this past Friday as the CoronaCrash begins to accelerate. Is this the beginning of this […]
As Phase 1 of the Pandemic Peaks, Phase 2 of the Bear Market in Stocks Begins
07.04.20 22:15 ET The United States and much of the West is entering into the theoretical peak of the Chinese Virus based on modeling from […]
The Post Pandemic World, Part 3: Second Wave
06.04.20 18:00 ET Cool. I was worried it was the end of the world. Hey, more good news: Ah yes, we can all return to […]
The Post Pandemic World Part 2: The Saddening
31.03.20 23:00 ET Just when everyone thought that the pandemic problem wasn’t creepy and frightening enough, Argentina’s curfew warning raises the level through the roof: […]
Main Street Joe Schleppy’s Coronavirus Economic Adventure
25.03.20 06:00 ET Joe Schleppy was just your average American guy. At age 41, he held a decent job working in a factory which helped […]
Please Sweet Meteor of Death Hear my Plea: NYC Advising Citizens on Giving “Rim Jobs”
24.03.20 20:45 ET I was working on several articles for tomorrow but with this headline hitting my feed, I hereby accept the decision of the […]
Danger: Remember the Market Hucksters of the Past
18.03.2020 21:30 ET Today one of the more “famous” television market gurus made his dramatic call on CNBC: Investor Bill Miller calls this market one […]
The Post Pandemic World Part 1: The Surrendering
16.03.20 03:30 ET One of my failures in life is the ability to predict or guesstimate disaster or research and uncover the glaring truths which […]
The Upcoming Economic Depression for Sin
15.03.20 08:30 ET As the world economic systems implode under the strain of the coronavirus pandemic, the sin economy will be destroyed for quite some […]
The Forgotten Preps
14.03.2020 00:10 ET After an exhausting trip to Fort Lauderdale Thursday morning for another customer in crisis, I realized on the drive back how unprepared […]
The Entire U.S. Treasury Curve now has a Yield Below 1%
08.03.20 22:15 ET I apologize up front for the delay in publishing this but for about 15 minutes and one vodka tonic, I was speechless […]
FUTURES LIMIT DOWN!
08.03.20 20:15 ET EDIT: UPDATE 10 p.m. ET….S&P E-mini futures just went limit down at 2818 again tonight and are now locked until the market […]
IT’s Always a Bloodbath when the Party Ends
08.03.20 19:15 ET Oof. After oof, comes WTF? Who knows what this means, but it sounds good to me! https://t.co/rQVA4ER0PV — Donald J. Trump (@realDonaldTrump) […]
Another Possible Mutation of Coronavirus Being Reported by Fox-5 in Atlanta
08.03.2020 15:30 ET The scary apart about the following story from Fox-5 News in Atlanta is not that they are moving the suspected infected individuals […]