Way, way, way back in history, I penned an article and a warning: Powell and the Fed Screw up Again In that piece I stated […]
Tag: SENILE JOE
Russia Decides to Begin the Petro-Punishment of the West
The current state of oil prices should be enough to catch everyone’s attention in Europe and the United States, but unfortunately, the traders still do […]
A 1979 Inflation Flashback Returns to the Modern Era (Video)
Tonight I had planned to pen a piece on something else. Then one of the accounts I follow (and you should also) QE Infinity (@StealthQE4) […]
An Old Story from 2007 With a Modern Day Twist
I normally do not dig back in my archives to post my older stuff again unless it suddenly becomes relevant in the conversation of the […]
Jay Powell Can Not Win Today
There is this growing theory of thought being promoted on the Bubblevisions (financial television) that the Federal Reserve is done raising rates. It is promoted […]
It’s Sill a Bubble, Part 19: Deja Vu All over Again eh, Yogi
Presented without the need for any comment. Lol pic.twitter.com/9zLHtR67Ww — Buyback Capital (@Larryjamieson_) August 20, 2023
08.17.23 17:15 ET – China Evergrande US Unit Files for Chapter 15 Bankruptcy
This is about to get seriously interesting as US investors might have just been handed a “participation” trophy for the misguided speculation in Chinese real […]
The Stock Market Sends a Stark Warning
Thus far the US stock markets are trading in “meh” territory. What is “meh” one might ask? Yup, that will do it. Volume has been […]
The Doom Stock Chart for the Week
You want doom, depression, and agony? I got it. Bears will love this. Bulls will cry. But the reality is that charts don’t lie. Almost […]
The Pre-Recession Unemployment Myth
The usual suspects are out touting their book as the “there can not be a recession when the economy is this strong” parade continues on […]
07.28.23 Credit Union Failure Friday: Yonkers Postal Employees Credit Union put into Conservatorship
This could be an unfortunate but interesting Friday night. Just like the “good” old days on the radio in 2007-2008. From the NCUA website: Yonkers […]
07.28.23 FDIC Bank Failure Friday Rides Again: Heartland Tri-State Bank Elkhart Kansas Seized by FDIC
Just when everyone thought it was safe to jump back into the regional bank waters, here we go again, although a much smaller fish in […]
One Week Into the Hollywood Strike: Does Anyone Care?
Oh my God, the tragedy, the heartbreak of boys, girls, men, women, undecideds, alphabet people is spreading across the land far and wide. Not really, […]
One More Time for The Terminally Stupid: Inflation is Still Going Up
The mainstream media and the bubblevision might be stupid, but in reality they have the average American citizen pretty much figured out. So when one […]
A Demonstration of Cluster Bombardment in Actual Use (Video)
The United States decided that since we could not meet the demands of a traditional conventional war with high explosive shells, we would sell the […]