That’s it said the Business Man. Industry cannot run on optimism. Optimism cannot create commodities or sell them; it cannot operate a shoe factory or […]
Tag: SPECULATION
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 […]
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 Ballad of Hammerin’ Joe
By John Galt April 29, 2008 This is the storyAbout Hammerin’ Joe,Hittin’ everythingWith his hammer you know, Then one day,He made a mighty hit,And broke […]
It’s Still a Bubble Part 21: Insanity Reigns Supreme
Apparently Jay Powell misunderstood the phrase “irrational exuberance” because instead of extinguishing it by announcing a 50 basis point increase, the Fed went full on […]
More Modernized Videos Like This Coming Soon
If one doesn’t think it can happen here, again, then one is not listening to the two major Presidential candidates and their ignorance of economic […]
The Irrational Exuberance of Powell’s Kamalan Statement
The problem with the Federal Reserve is that sometimes the Chairman of the Fed can speak the truth without realizing what that individual said. For […]
Higher for Longer Means More Housing Pain to Come
The headline from Bloomberg on Thursday, June 20th was depressing needless to say: The Housing Squeeze Puts the American Dream at Risk This excerpt from […]
The Fed Should Pray for a Recession
The Federal Reserve now faces the ultimate challenge heading into an election year. As many long time observers have said, the Fed governors, despite their […]
A Stock Market Which Reminds Me of Ye Olde Late 1990s BBS
There are times when one can not but help expose one’s age. Yes, I admit I am a boomer, no I do not admit that […]
The NASDAQ Rally Today: A Penny Stock for Your Thoughts?
There are days in the markets where one thinks that these rallies are all enabled by the CNBC/BBG/FBN and internet cheerleaders who want speculative frenzies. […]
“Cisvidia”
The media, the financial world, and civilization came to a stop this week. Wars were paused, children’s births delayed, and the heavens shone a light […]
It’s a Bubble 2024, Part 18: Party Like it’s 1999
Charts, logic, economic expansion? Pfffffftttttt that’s for losers. All you need to know, all you need to do is trust your investment adviser and crank […]
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
Bitcoin Surges Above 30,000
The news for the Cryptogeek community is noting but good news as Bitcoin surged last night above 30,300 and as of 4:30 a.m. this morning […]