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Day: January 5, 2018

David Stockman Asks: ‘Dow 25,000, What Could Possibly Go Wrong?’

David Stockman Asks: ‘Dow 25,000, What Could Possibly Go Wrong?’

January 5, 2018January 5, 201811 min read

“…we know of no melt-up that had legs of more than a few months after the point that irrational exuberance went full retard, as is happening at this very moment.”

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2 Reasons To (Maybe) Ignore Q4 Earnings

2 Reasons To (Maybe) Ignore Q4 Earnings

January 5, 2018January 5, 20183 min read

Show of hands: who’s looking forward to earnings season?

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Will FBI Investigation Of Clinton Foundation Force Hillary To Resign The Presidency?

Will FBI Investigation Of Clinton Foundation Force Hillary To Resign The Presidency?

January 5, 20187 min read

“Next we should expect a Congressional investigation to determine whether Clinton’s health has deteriorated to the point that she must be removed from the presidency.”

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Hell Hath No (Fire And) Fury.

Hell Hath No (Fire And) Fury.

January 5, 2018January 5, 20183 min read

Up, up and away, but remember…

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Permabears Anonymous.

Permabears Anonymous.

January 5, 2018January 5, 20186 min read

“No one is excited.”

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‘It Happened In One Second’: Visa Suddenly Bans Cryptocurrency Cards Leaving One Man Without A Beer

‘It Happened In One Second’: Visa Suddenly Bans Cryptocurrency Cards Leaving One Man Without A Beer

January 5, 2018January 5, 20183 min read

“For all people who use bitcoin for their day to day expenses, it was the only way to do that.”

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100% Of Trump’s Inner Circle Question His Fitness For Office: Watch Michael Wolff’s NBC Interview

100% Of Trump’s Inner Circle Question His Fitness For Office: Watch Michael Wolff’s NBC Interview

January 5, 2018January 5, 20183 min read

“They all say he is like a child.”

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Peak Ripple? Chris Larsen Lands In The New York Times Amid ‘Insane’ Rise On Forbes List

Peak Ripple? Chris Larsen Lands In The New York Times Amid ‘Insane’ Rise On Forbes List

January 5, 20185 min read

“There’s absolutely nothing driving this rally except rampant FOMO, misinformation, and speculation.”

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Jobs Report Misses Badly, Earnings In Line, Dollar’s Woes Continue

Jobs Report Misses Badly, Earnings In Line, Dollar’s Woes Continue

January 5, 20183 min read

That could have been better.

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Trump Wants $18 Billion For Border Wall, Another $15 Billion For Watchtowers, Cameras, Drones

Trump Wants $18 Billion For Border Wall, Another $15 Billion For Watchtowers, Cameras, Drones

January 5, 2018January 5, 20185 min read

If carried out as described…

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Bitcoin Surges Back Above $16,000 In Abrupt Early Morning Move

Bitcoin Surges Back Above $16,000 In Abrupt Early Morning Move

January 5, 2018January 5, 20182 min read

And not a moment too soon for the bulls.

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