2008, If America is Lucky

Why does this grizzled, bitter, old historian pray for a 1973 outcome where a bear market that wiped out 45% of the market and created […]

FOMC Statement: Talk like Greenspan, Perform Like a Powell Pillow Fight

Weirdly enough, this author gets lumped into the nutty conspiracy theory group when talking about the Fed. First and foremost, I have no official history […]

7/29 Most Critical FOMC Meeting Ever Preview; Sort Of

As the world turns, these are the days of our lives. Tomorrow, the Federal Reserve’s FOMC will release their latest decision and dogs will sleep […]

More Inflation Warnings at the Pump

There isn’t much need for commentary as this chart via StockCharts.com says it all: For the record, early 2008 and 2022 did not end well […]

Hoovernomics and Tariffs Ride Again

I am squarely for a protective tariff. The proposals of our opponents would place our farmers and workers in competition with peasant and sweated labor […]

This Was a Peak Inflation Report, No Really, they Really Really Mean it This Time

Some nights one just has to sit down, pour a cold beverage, read the news and statistics and sigh. The headlines are hilarious in the […]

Beware the CPI Trap Door Tomorrow

In my nightly review of financial and social media trying to get some feeling for where the CPI print will come in tomorrow morning, I’ve […]

Now that Q2 2026 is Over, Prepare for the Crash

Twenty years. It’s been twenty years since I’ve read a BIS (Bank of International Settlements) report which actually has created some level of concern for […]

The Precious Metals Panic Continues

The headlines and stories continue to reflect the panic gold and silverbugs, at least the newbies, are feeling from the rapid rollover and decline in […]

American Housing Questions the Media Never Asks

If the National Association of Realtors asks the following question: Then why did Progressive Insurance start offering “first time buyer’s assistance” to buy a new […]

Today’s Equity Warsh Out

As the world turns, or is it as these pages warned? Way, way, way back in ancient history on May 25th of this very year […]

The BLS Lyin Eyes CPI Strikes Again

You can’t hide your lyin’ eyesAnd your smile is a thin disguiseI thought by now you’d realizeThere ain’t no way to hide your lyin’ eye […]

Marigolds, LBJ, and Tehran

The number of Americans who have a clue about this title probably is under 100 out of 350 million. What the hell does a common […]

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 […]

What if the Bond Market Isn’t Warning About Inflation

The common theory being propagated by the media is that because CPI and PPI came in hot last week, the new Federal Reserve Chairman Kevin […]