The Hurricanes Were NOT the Cause of the Bad NFP Report

The media, especially the financial and mainstream media, once again interjected politics to proclaim that the Boeing strike and two major hurricanes hitting the US […]

Treasuries Bust a MOVE

In the midst of the false equity market euphoria around 10:30 a.m. Eastern time on Friday, the realization that the smart money, aka, the bond […]

11.01.24 Non-Farm Payrolls Guess: Pulp Fiction

The recent data series from the Bureau of Labor Statistics (BLS) and US Bureau of Economic Analysis (BEA) reads like a paperback romance novel with […]

The Bank of Japan may F.A.F.O.

There are time when central banks like the Fed think they are impervious. For the sake of the Japanese stock market, this had best not […]

10.18.24 Bank Failure Friday Returns: First National Bank of Lindsay, Lindsay, OK

No sooner than my guest on @MacroEdge Radio, Melody Wright, finishes our discussion about distressed financial institutions and bank failures, here we go again. From […]

Stock Market History Often Repeats With Great Pain

During the course of the day, I often end up in discussions on X, the old Twitter, with many individuals about the stock market, economics, […]

Warning: Stocks are NOT Good Indicators of When a Recession is Coming

This morning while catching up on my podcasts and economic news I listened to one of my favorite stock commentators make a comment which made […]

October 4th Non-Farm Payroll Preview

The first Friday of the month is tomorrow which means of course the Bureau of Labor Statistics gets to release the monthly revisionfest also known […]

The Wile E. Coyote Moment

by John Galt March 20, 2008There is a time when everything in a moment of history coalesces or intersects as I have stated in the […]

Deflationerrory Thinking

By John Galt January 1, 2008 Sigh. There is a philosophical battle among the bears and doomers and it’s really quite frustrating as both parties […]

Painting the Swan

October 11, 2007 By John Galt For the uninitiated, I am a historian by training and hobby, an op-ed writer and blogger by habit. Yes, […]

1%

By John Galt October 24, 2007 1 percent. One out of one hundred. Ten out of one thousand. A miserably low number which neither indicates […]

Goldilocks Autopsy

by John Galt August 2, 2007 Despite the Fantasyland tickets being issued by the Bubblevisionistas, there is an extremely harsh reality sinking in to many […]

2:47

By John Galt August 5, 2007 At approximately 2:47 p.m. Eastern Daylight Time, on Friday August 3, 2007, an individual who used to control billions […]

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 […]