David Stockman: Trump Is ‘Piling One Delusion Upon Another’

“Stated differently, the Orange Comb-Over is definitely not making America Great Again.”

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David Stockman Weighs In On 10Y Yields At 3%

“In a word, honest bond yields will knock the stuffings out of the mainstream fairy tale that passes for economic and financial reality.”

David Stockman: It’s A Matter Of Time Before Trump Attacks The Fed

“Indeed, the Donald’s impending attack on the purported sacred ‘independence’ of the Fed is the Orange Swan that looms over the casino.”

David Stockman: ‘There Has Been No Acceleration Of Main Street Under Trump’

“In effect, the Donald is taking credit for the doings of the plain old business cycle, and at the worst possible time.”

David Stockman: These Are ‘The Delusions Of MAGA’

“The Donald is not leading America to the promised land. Instead, he’s leading it to war abroad, fiscal and economic calamity at home and a crisis of governance that pales Watergate into insignificance.”

By 2023, America Will Be In Worse Fiscal Shape Than Italy, Mozambique And Burundi

Who’s “tired of winning”?

Trader: There Is No Better Signal Than This

“Don’t bother arguing with the hard-money gurus about the correct policy course. Just watch the yield curve. The market is smarter than all of us.”

Trader: Here’s My Beef With Jamie Dimon’s Annual Letter

“What happened each time the Fed stopped QE? Yields fell. The complete opposite of what Jamie would predict.”

$1 Trillion Here We Come! New CBO Forecast Probably Won’t Please Trump

#MALFRTIAW: Make America less fiscally responsible than it already was.

Janet Yellen Warns Of ‘Debt Crisis’, Blasts Trump Tax Cuts In Op-Ed

“The U.S. unemployment rate is down to 4.1 percent, and economic growth could well increase in 2018. Consumer and business confidence is high. What could go wrong?”

One Bank Presents: ‘The Irony Of Binging On Debt’ In A QE World

Imagine a world without QE…

David Stockman: The 200-DMA Ain’t No Maginot Line

“But here’s the thing. The blue line below ain’t no Maginot Line.”

Albert Edwards Wants To Know If ‘Your Nostrils Are Filling With A Sticky Aroma’

“If you want to blame someone, blame the Fed. And I am sure that is exactly what President Trump will do when he loses patience and moves to remove their independent status.”

Here Is One Trader’s ‘Philosophical Friday’ Debt Rant

“Now you might look at these charts and say, ‘Greece spent too much and suffered the consequences. Ultimately they will be better off taking the hit and reorganizing in a more productive economic fashion.’ If so, you probably also still have this poster hanging in your room at your parent’s house where you grew up.”

David Stockman: ‘There Isn’t A Snowball’s Chance In Hell That A Yield Shock Can Be Averted’

“For the past 30 years fiscal deficits have been a big financial nothingburger because the Fed and other central banks gutted their sting.”