Retail Meets the Rising Sun and Trump Tweets(Again)

For over one year of excessive exuberance the financial media has proclaimed that retail has finally surpassed financial managers in guessing how and what to […]

Nobody’s Learned Nothing

Those of us who sound like the old guy yelling at clouds or at the morons who leave their shopping carts in parking places because […]

History Says This Market is in Deep, Deep Trouble

Where or where is the modern day Charles Merrill? The memo issued by Charles Merrill to get out of debt was so dramatic, that on […]

The Unemployment Report Wasn’t So Bad; or Was it?

For those that have followed this page for almost twenty years now, one has to understand that I do get fired up and emotional about […]

Credit Markets are Starting to Send Warning Signs

The masses are glued to the latest headlines from President Instability and the insanity that the markets have been through the last 48 hours. Headlines […]

Smack my Head (SMH)

It’s probably nothing but…. Ok, maybe it is something. But this rollover has to pierce the 200 level to be taken seriously. However, the failure […]

The Vix is Back

No real commentary is necessary beyond singing along to this song… Crank it up bears… Charts don’t lie, we’re heading towards the danger zone:

Speculation Inflation

There are times in American history where inflation is a structurally obvious measure of monetary and price appreciation and the government logically reports the data […]

Assclownery

For all of my readers and friends, since the election last year, I promised to call balls and strikes. I am a Thomas Massie, Ron […]

Are the Markets Approaching a Penn Central Moment?

“It is evident that the country cannot continue to advance prices and wages, to curtail production, to expand credits, and to attempt to enrich itself […]

Friday Non-Farm Payrolls Report Preview

While the financial media is going stark raving mad about a company that invests in non-existent profits from a non-physical investment that requires neither actual […]

A Hawkish Nothingburger

To call Jay Powell’s statement today a “nothingburger” would be beyond accurate. Jay didn’t want to offend President Trump nor stir the markets because after […]

March 2000 Flashbacks are Perhaps Worse

I’m not saying we should start cranking up the boy bands again but,man oh man was the taste in music during March of 2000 somewhat […]

A Recessionary Toy Story

The sad part about the financial media is that if there is a story to tell, it’s usually about how everything is awesome. Rarely if […]

The Markets are Bracing for Higher Interest Rates

The generic term for the American economy is now called “the markets” and of course our gambling crazy society focuses on equities just like Clark […]