Home » Posts tagged 'Wall Street' (Page 14)
Tag Archives: Wall Street
Bert Dohmen Is Uber-Bearish and Here’s Why
Bert Dohmen Is Uber-Bearish and Here’s Why Bert Dohmen, founder of Dohmen Capital Research, is uber-bearish and believes that it is time for investors to panic (before everyone else does) given a potential collapse of the stock market greater than what we saw in 2008. Here’s what he had to say on Thursday’s podcast: “Over a […]
The Federal Reserve and the Global Fracture
The Federal Reserve and the Global Fracture This interview with Michael Hudson was conducted by Finnish journalist Antti J. Ronkainen. Antti J. Ronkainen: The Federal Reserve is the most significant central bank in the world. How does it contribute to the domestic policy of the United States? Michael Hudson: The Federal Reserve supports the status […]
The Deep State’s Top Choice for President Is…
The Deep State’s Top Choice for President Is… RANCHO SANTANA, Nicaragua – We’re traveling home to the U.S. from our recent meeting with members of our family wealth advisory, Bonner & Partners Family Office. So, we’ll make this short. The Dow sold off again yesterday. At midday, it was down nearly 400 points. Then it recovered […]
The Spook In the Casino—–Recession Just Ahead, Part 1
The Spook In the Casino—–Recession Just Ahead, Part 1 The wise guys keep buying the dips owing to the simple proposition that there is never a lasting bear market without a recession. So after today’s blow-out we are likely to get another call to scoop up the “bargains” because the correction has run its course and […]
Notes from the Locked Ward
Notes from the Locked Ward The remaining Americans sound-of-mind must view the primary election spectacle with mounting sensations of wonder, nausea, and panic. It’s one thing for the financial system to crack up, and another thing for social norms to disintegrate, and still another for the political system to become a locked ward of obvious […]
Three Reasons to Be Worried About the Economy
Three Reasons to Be Worried About the Economy On January 12, America’s central planner-in-chief gave his State of the Union address. The president promised nothing less than to feed the hungry, create jobs, shape the earth’s climate, and make everyone a college graduate. There’s nothing new here, though. We’ve heard variations of this silly song […]
Slouching Toward The Dark Side
Slouching Toward The Dark Side Last Wednesday we noted there is something rotten in the state of Denmark, meaning that the world’s great potemkin village of Bubble Finance is unraveling. The evidence piles up by the day. To wit, now comes still another story about the Red Paddy Wagons rolling out in China. This time they are rounding-up the proprietors of a $7.6 […]
The West Is Traveling The Road To Economic Ruin
The West Is Traveling The Road To Economic Ruin Michael Hudson is the best economist in the world. Indeed, I could almost say that he is the only economist in the world. Almost all of the rest are neoliberals, who are not economists but shills for financial interests. If you have not heard of Michael […]
Death Throes Of The Bull
Death Throes Of The Bull The fast money and robo-machines keep trying to ignite stock rallies, but they all fizzle because bad karma is beginning to infect the casino. That is, apprehension is growing among whatever adults are left on Wall Street that 84 months of ZIRP and $3.5 trillion of Fed balance sheet expansion, aka money printing, […]
Red Ponzi Ticking
Red Ponzi Ticking There is something rotten in the state of Denmark. And we are not talking just about the hapless socialist utopia on the Jutland Peninsula——even if it does strip assets from homeless refugees, charge savers 75 basis points for the deposit privilege and allocate nearly 60% of its GDP to the Welfare State and its untoward ministrations. In fact, the […]
Why Dip Buyers Will Get Clobbered: The US Economy Isn’t Doing “Just Fine”
Why Dip Buyers Will Get Clobbered: The US Economy Isn’t Doing “Just Fine” As of June 2008 no Wall Street banking house was predicting a recession, yet by then the Great Recession—–the worst economic downturn since the 1930s—– was already six months old, as per the NBER’s subsequent official reckoning. Actually, it was already several years old if you concede that […]
Volatility, oil and stock markets
Volatility, oil and stock markets “Down” is such a downer word. That’s why when prices fall for practically anything Wall Street wants to sell you, Wall Streeters talk about volatility instead. Volatility allows for the possibility that prices will recover soon and go to new highs. Any setback is just temporary. The market turbulence, it […]
Betting on the Wall Street Crash
Betting on the Wall Street Crash Exclusive: The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players who saw the inevitable and made money on the crash, […]
To Hell in a Handcart
To Hell in a Handcart $5 Trillion up in Smoke POITOU, France – Pessimism is a sin against God, said money manager Charles Gave. It suggests ingratitude. And a lack of faith. After all, this is God’s world. What, not good enough for you? That’s why we are always optimistic at the Diary. Things don’t always […]
A Glimpse Of Things To Come: Bankrupt Shale Producers “Can’t Give Their Assets Away”
A Glimpse Of Things To Come: Bankrupt Shale Producers “Can’t Give Their Assets Away” Over the course of the last several weeks, we’ve spent quite a bit of time sounding the alarm bells on America’s growing list of bankrupt oil and gas drillers. We’ve also been keen to point out that the long list of […]
