Home » Posts tagged 'bill bonner' (Page 4)
Tag Archives: bill bonner
Are You Ready for a Crack-Up Boom?
Are You Ready for a Crack-Up Boom? Crack Up! BALTIMORE – The Dow rose on Wednesday morning… after Janet Yellen made soothing remarks about a “gradual” return to normal interest rates. Then investors must have realized that returning to normal is not on the Fed’s agenda. The Dow finished the day down 99 points. We […]
Here Come the Money Helicopters!
Here Come the Money Helicopters! The Negative Wealth Effect Since the start of the year, the Dow is down about 7%. But certain stock market sectors have undergone a much harder pruning. First, energy… then the tech… and now banks. Shares in too-big-to-fail bank Citigroup are down almost 28% so far this year. And shares in Europe’s […]
Military Misadventures
Military Misadventures No Coincidence BALTIMORE – The Dow rose 126 points on Thursday – just shy of 1%. Not enough to reverse the market’s apparent downward bias [ed note: the rebound gathered pace on Friday]. Stocks are most likely headed down because the thing that sent them up has come to an end. Here is […]
Democracy Is No Better Than a Monarchy… or a Dictatorship
Democracy Is No Better Than a Monarchy… or a Dictatorship “Flaming Lunatic” MUMBAI, India – The Dow managed a small bounce late last week. The bounce came as crude oil gushed higher, back above $30 a barrel. What next? We wait to find out… We had dinner in London last night, before boarding a plane […]
The End Is Nigh for the Fed’s “Bubble Epoch”
The End Is Nigh for the Fed’s “Bubble Epoch” Market Mythology LONDON – Twice in the last 15 years, markets have tried to correct the mistakes and excesses of the Bubble Epoch. Each time, the Fed came back with even more mistakes and excesses. Trillions in new credit… lower lending rates… easier terms… ZIRP… QE… […]
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 […]
The Fed’s Phony Boom Is Becoming a Real Bust …
The Fed’s Phony Boom Is Becoming a Real Bust … No More Juice Friday’s 391-point drop in the Dow – a nearly 2.5% fall – ended the worst 10-day start to a year in U.S. market history. The average stock in the S&P 1500 – which includes about 90% of all stocks in listed in the […]
Our “Storm Warning” for the Year Ahead …
Our “Storm Warning” for the Year Ahead … Our “Storm Warning” for the Year Ahead … Ils viennent jusque dans vos bras / They’re coming right into your arms Égorger vos fils, vos compagnes! / To cut the throats of your sons, your women! Aux armes, citoyens / To arms, citizens Formez vos bataillons / […]
No Courage, Feckless Experiments and the Deep State
No Courage, Feckless Experiments and the Deep State Hosannas and Hat-Tipping Today’s post is about you dear reader… and the world you live in. That world got notice last week that henceforth short-term interest rates would be more than zilch. From all over the planet came hosannas and hat-tipping. Some commentators congratulated the Yellen Fed […]
The Trouble with the Future
The Trouble with the Future Feeeeeelings PARIS – Yesterday, we got so much mail on our recent issue on Donald Trump we couldn’t read it all. Pro… con… off the wall – readers’ sentiments were all over the place. But a clever reader mercifully brought the discussion to an end with this quote from fellow Baltimorean H.L. Mencken: “As […]
“One Big Shock Away from a Global Downturn…”
“One Big Shock Away from a Global Downturn…” Zombies vs. Cronies DUBLIN – Most elections these days are contests between cronies and zombies. The left favors the zombies. The right favors the cronies. In yesterday’s presidential elections in Argentina the zombies lost. It’s time for the cronies to take over. New Argentine president Mauricio Macri […]
Why Do We Let Other People Tell Us What to Do?
Why Do We Let Other People Tell Us What to Do? Lame Theories of Government We have been disappointed with political ideas and theories of government. They are nothing but scams, justifications, and puffery. One tries to put something over on the common man… the other claims it was for his own good… and the […]
How the easy money boom ends
How the easy money boom ends Through the door there came familiar laughter I saw your face and heard you call my name Oh, my friend we’re older but no wiser For in our hearts the dreams are still the same Those were the days – “Those Were the Days” by Gene Raskin POITOU, France […]
How China Broke the World’s “Bubble Machine”
How China Broke the World’s “Bubble Machine” Magical Money System U.S. stocks still going up. What does Mr. Market know that we don’t know? Plenty. He knows everything. Millions of facts. Millions of opinions. Millions of guesses. A damned know-it-all. Mr. Market is always right; there is no higher authority except God Himself So, if […]
Time to Keep Your Cash in the Microwave?
Time to Keep Your Cash in the Microwave? The Fed’s Big Pivot NORMANDY, France – “Now, I think I’ve seen everything” is an expression that – like “this is the end of history” and “I’ll never leave you” – usually turns out to be premature. But it is what we found ourselves saying yesterday. Not […]
