All Japanese Financial Roads Lead To The Printing Press: How The Government...
And who will buy negative return bonds to be off-loaded by the GPIF? Why the BOJ. In Japan, all financial roads lead to the printing press.....
View ArticleThe Message In The Q1 GDP Shock: Massive Windfalls For The 1%; Hardly 1%...
The Q1 GDP print at -2.9% was the fourth lowest (out of 120 quarters) since Ronald Reagan declared “morning in America” in early 1984. But the true results were probably far worse—unless you believe...
View ArticleThe Great Deformation Of Central Banking: Debt Burdens Have Never Been...
Bond market price discovery has been destroyed by the world's central banks. But phony, sub-economic interest rates on sovereign debt are a monumental danger.....
View ArticleThe Wall Street “Escape Velocity” Scam: GDP Forecasts Fizzling For Fourth...
The graph below is all the proof that is needed to demonstrate that Wall Street has become a pure Fed enabled casino. If honest "price discovery" was actually functioning, the stock market would not be...
View ArticleMy thoughts On Pat Buchanan’s Brilliant And Incisive Take On Washington’s...
When then did this issue of whose flag flies over Donetsk or Crimea become so crucial that we would arm Ukrainians to fight Russian-backed rebels and consider giving a NATO war guarantee to Kiev,...
View ArticleThe Keynesian Money Printers Repudiated Again: June New Home Sales Swoon
The interesting thing is not simply that the Keynesian Cool-Aid drinkers who pass for Wall Street economists got it wrong again. Actually, as can been seen clearly in the chart below from the Wall...
View ArticleThree Chart Alarm: The Fed Has Set-Up The Corporate Bond Market For A Big Fall
The three charts below, which appeared in this morning’s Wall Street Journal, are still another reminder that the Fed’s heedless fueling of the third financial bubble this century has done enormous...
View ArticleCheniere Energy: Poster-Boy For The Shale Gas Hallucination
How can this insanity occur? Consensual hallucination. Analysts, hype mongers, company pronouncements, free money from the Fed, and willing traders or investors - all are part of it.
View ArticleObama “Sanctions” At Work: US Exports To Russia Plunge; Russian Stock Market...
Charts From Zero Hedge
View ArticleThe Iraqi “Nation” Went To Parliament…..And Shut It Down In Rancorous Dispute...
I commented earlier today (http://davidstockmanscontracorner.com/memo-to-washington-iraq-is-not-a-nation-and-you-cant-build-it) on the utter futility of Washington’s nation-building and regime...
View ArticleThe World Financial System Is Rife With “Stimulus” Junkies
China’s Services PMI for August veered upwards, but that’s not the news. Noting that China’s massive but fracturing bubble in unused luxury apartments (upwards of 70 million are empty) is a serious...
View ArticleFed’s Evans Says Stronger Dollar Is Bad—–Will Mean Too Little Inflation!
The man's foolishness knows no bounds
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