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Day: January 5, 2018

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

January 5, 2018January 5, 2018

“…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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1 Comment on David Stockman Asks: ‘Dow 25,000, What Could Possibly Go Wrong?’

2 Reasons To (Maybe) Ignore Q4 Earnings

January 5, 2018January 5, 2018

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?

January 5, 2018

“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.

January 5, 2018January 5, 2018

Up, up and away, but remember…

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oil9 Comments on Hell Hath No (Fire And) Fury.

Permabears Anonymous.

January 5, 2018January 5, 2018

“No one is excited.”

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

January 5, 2018January 5, 2018

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

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

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

January 5, 2018January 5, 2018

“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

January 5, 2018

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

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

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

January 5, 2018

That could have been better.

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

January 5, 2018January 5, 2018

If carried out as described…

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

January 5, 2018January 5, 2018

And not a moment too soon for the bulls.

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Monthly Letter+

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Week’s News

Indictment Day

March 30, 2023March 31, 2023

Money Market Magnet Attracts $5.2 Trillion

March 30, 2023March 31, 2023

The ChatGPT Bubble Is Here: $300K For ‘AI Whisperers’

March 29, 2023March 30, 2023

The Long, Docile Bear

March 28, 2023March 30, 2023

Great American Deposit Debate Spotlights Legislative Gridlock

March 27, 2023March 28, 2023

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