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?”


War And (No) Peace: Full Week Ahead Preview

Say your prayers.

David Stockman Presents: The Revenge Of Bad Money

“At length, you get Donald Trump instead, and you get his half-baked advisor, Peter Navarro, on bubblevision explaining that protectionism is the new route to free trade.”

Look! Egregious Inequality In America

Fortunately, I know just the man to fix this problem…

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

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

American Corrida And The Reconstitution Of The State

“We have reached the point of self-intoxication when inner contradictions of the system, which previously could be temporarily ignored, are taking over. The system has exhausted itself – it has collapsed under its own weight.”

‘In Late January A Client Called Us With An Exasperated Query’: Why Barclays Sees A ‘Bumpy Road Ahead’

“In the last week of January, as equities went on yet another run, a client who had been waiting to buy the dip called us with an exasperated query.”

Choose Your Own Adventure: ‘V-Shaped Ascent’ Or ‘Collision Course For Disaster’

Hyperbole is fun!

Breaker One-Niner

The market’s verdict was as follows.

Bring An Umbrella: Here’s How To Hedge 3 Near-Term Risks

So there you go. Bring an umbrella.

David Stockman: Trump ‘Embodies A Trifecta Of Fiscal Impulses That Amounts To Pure Madness’

“Then again, you haven’t seen nothin’ yet.”

Toxic Brew: Full Week Ahead Preview

This should be all kinds of amusing.

David Stockman: ‘Kudlow’s Job Is To Dig Through A Pile Of Horse Manure And Find Trump A Pony’

“That’s because his newly appointed task will be to dig through Ronald Reagan’s proverbial room full of horse manure to reassure the Donald that there is a pony in there somewhere.”

‘These Guys Will Have Egg On Their Faces’: Here Is What Larry Kudlow Wrote On December 7, 2007

“There’s no recession coming.”

R.I.P. Goldilocks

“One of Wall Street’s most misbegotten memes is the Goldilocks Economy notion. They invariably trot her out near the end of a business cycle in order to keep the mullets buying stocks and the Fed heads as anesthetized as possible.”