David Stockman: The Fed is not fixing the problem
The 10-year UST yield has crossed the 3% mark. So you’d think this was a sign that a modicum of rationality is returning to the
The 10-year UST yield has crossed the 3% mark. So you’d think this was a sign that a modicum of rationality is returning to the
This week’s theme is “spikes and crashes,” and why they’re great for gold and silver. Let’s begin with inflation, which is suddenly spiking after decades
It’s one thing to hear someone claim that the world is spinning out of control. But it’s a lot more impactful to see the underlying
A consensus seems to have formed on both left and right that the upcoming presidential election involves some literally existential questions, making it THE MOST
Lawrence Lepard, Managing Partner with Equity Management Associates, just released a report that lays out the coming debt crisis in all its apocalyptic glory. The
The people running states like New Jersey and cities like Chicago know they’re broke. Ridiculously generous public employee pensions – concocted by elected officials and
Lawrence Lepard, managing partner with Equity Management Associates, just published a quarterly report in which he explains — among many other things — why current
A recurring theme of modern financial crises is the “temporary” nature of the extreme steps governments take to fix the system. Recall that the massive
Two things about the coronavirus relief checks the government will soon start sending out: First, it looks like they’ll take a while to arrive: Show
Let’s say President Trump is right about the coronavirus “miraculously” fading away as temperatures rise in the Summer. Will things then go back to the
Excerpted from Pento Portfolio Strategies God bless Paul Volcker. He was truly a one of a kind central banker, and we probably won’t see another
Global stock (and bond and real estate) markets have been on a tear this year, apparently in anticipation of three big events. And last week
So the Fed, as expected, cuts interest rates again. And – also again – Fed Chair Powell implies that he’s done cutting for a while.
Every week is eventful these days. But the most recent one stands out for sheer edge-of-the-abyss when-it-rains-it pours diversity. Some of the highlights: US stocks
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND
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