The Data Mirage from the BLS Continues

Over the past few decades, these pages and in some of the commentary I have offered elsewhere has been somewhat harsh analyzing the data emanating […]

The Federal Reserve’s Nightmare

This afternoon Federal Reserve Jay Powell did what he does best: Screw up markets. In the many months preceding today’s FOMC meeting, the insiders have […]

The Retail Sales Should Falter with Higher Inflation Fallacy

The financial media has decided long ago that the indicator of strong consumers and retail sales will always serve as validation for the most abhorrent […]

America’s Propaganda Economy

The running joke on the American people is that the world they live in is vividly different from the reality presented to them by the […]

JohnGaltFLA’s 2024 Drunken Predictions: A Pole Shift

Yes ladies and gents, and those undecideds who reside in weirdo states and nations who really have no clue about biology and reality, it is […]

Gold’s Dangerous Rally to New All Time Highs

The long time followers of this blog know that for this author to present the title above, something very bad might just be in the […]

A Very Quick Market Update: Still no, No bull, No Bare, Nowhere Man’s Land

As my readers have noticed I have been quite reserved lately other than commentary with some others on the inside and in private regarding the […]

The Faith in Models Will be America’s Undoing

For the long time followers of these pages dating back to 2007, this opinion piece shall not come as a major shock or surprise. But […]

10.18.23 Stock Market Report: It was a Ranch Party

For those of you not on the inside, you might not get this. However for everyone else, the truth is pretty clear and ugly as […]

10.09.23 Marketwatch: Yeah, I’m Gloating

I don’t always get it right, but when I do, kiss my hairy, sometimes gloriously tanned arse. The markets rallied today in the face of […]

10.09.23 Marketwatch: It’s a Sucker’s Game

The angst over the Middle East War, the irregular strength in the US economy, rumors of financial institutions having problems with bloated reserves full of […]

The Economy is Sinking so Follow the Smart Money

During the past week, there were two striking television segments which caught my attention regarding the financial markets and the coming collision between higher rates […]

10.08.23 Middle East Stock Markets Reflect the Turmoil

The Middle East War has obviously impacted equity markets in the region this morning. Israel’s TA-35 opened down sharply, just over 7% and recovered some […]

10.06.23 Market Report: No, Non, No, Nyet, No, No

Markets like this bring back memories. The morning started out with the “nobody got the NFP correct” including yours truly. I expected a hot number […]

10.03.23 Equity Markets: All and All, Just Another Brick in the Wall

The doom is palpable. One of my favorite accounts, of whom I do not always agree, posted a warning today on FinTwit (Financial Twitter) which […]