Are societies becoming hopelessly fragmented to the point that democracies are no longer functional as compromise solutions become impossible? Is technology tearing us apart? What are the consequences? Big questions and probably […]
You can call me Al. By Al I mean Alan Greenspan. Oh I know, he has tons of detractors and critics and there’s a lot to be critical about. But before you […]
My take here: The budget is blowing up in their face and they know it. The tax cuts did not pay for themselves and deficits are ballooning, federal spending is the highest […]
Let’s be very clear what yesterday’s full frontal capitulation by the Fed means: It’s coming. The next recession that is. It’s just a matter of the how and the when. Now mind […]
I worry about America. When I was young, despite all its problems, America was greater than life, always beaming with optimism with a vision of a better future always ahead. Now that […]
The global economic landscape remains weak yet there appears to be no concern on the side of bulls and investors alike, so firm is the belief that the earnings recession that is […]
After 8 weeks of non stop rallying the bear mocking is back which is ironic. Why? Well, because bears are right. About what? Well, everything. Yes stock markets have been screaming higher […]
Warning. Rant Alert: The global central bank easy money experiment has failed and it is past time that central bankers stopped bullshitting us and just admitted it. Europe is about to enter […]
Something doesn’t add up and it smells. If you read Fool me Twice you’ve probably sensed that I’m not all that convinced by the “there won’t be a recession” line of argument. […]
There’s no risk of a recession. Everybody says so. Fed Chair Jay Powell says so. Mario Draghi says so. The IMF says so. There seems to be a lot of coordinated certainty […]
As with many terminal patients the initial hope is that aggressive treatment would work and cure the patient. But when the one time emergency round of drugs didn’t cure the patient additional […]
James Madison: “We are free today substantially but the day will come when our Republic will be an impossibility. It will be an impossibility because wealth will be concentrated in the hands of […]
