Home » Posts tagged 'contracorner' (Page 4)
Tag Archives: contracorner
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 […]
Chart Of The Day: 155 Years Of Real ($2015) Oil Prices——-Average=$47
Chart Of The Day: 155 Years Of Real ($2015) Oil Prices——-Average=$47 Deutsche Bank
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 […]
The Sleepwalkers Awaken
The Sleepwalkers Awaken A host on bubblevision this afternoon noted that the S&P 500 is now down $2 trillion for the year and wondered if his panel could explain “what’s happened since January 1st?” The implication, of course, was that since no new recessions have started—- nor have any new wars been declared, polar glaciers melted or Wall Street banks […]
Soon Comes The Deluge
Soon Comes The Deluge The robo-machines are now having a grand old time hazing the August lows at 1870 on the S&P, and may succeed in ginning up another dead-cat bounce or two. But this market is going down for the count owing to a perfect storm. To wit, the global and US economies are heading […]
Amazon And The Fantastic FANGs——A Bubblicious Breakfast Of Unicorns And Slippery Accounting
Amazon And The Fantastic FANGs——A Bubblicious Breakfast Of Unicorns And Slippery Accounting At year end we posted a rant about the “Brobdingnagian” bubble embedded in Amazon’s market cap. On December 29th it was valued at $325 billion and had gained $180 billion or 55% of that towering figure in just the previous 12 months. Self-evidently this was a flashing red warning signal that the end of the […]
Hey, Wall Street——-This Bud’s For You!
Hey, Wall Street——-This Bud’s For You! The hordes of Washington politicians promising to boost the nation’s economic growth rate and the posse of monetary central planners and their Keynesian economists (excuse the redundancy) lamenting that “escape velocity” appears to have gone MIA have one thing in common. To wit, they have never looked at the chart below, or don’t get it if they have. Plain and […]
Billary Buddy Marc Lasry’s Last Rodeo——The Jig Is Up On 25 Years Of Bottom Fisher Bailouts
Billary Buddy Marc Lasry’s Last Rodeo——The Jig Is Up On 25 Years Of Bottom Fisher Bailouts As the Fed’s third and last bubble of this century heads for its splatter spot, the stench of desperate crony capitalism fills the air. You can count hedge fund mogul and Billary Buddy, Marc Lasry, among the upchucking financiers. […]
Newsflash From The December ‘Jobs’ Report—–The US Economy Is Dead In The Water
Newsflash From The December ‘Jobs’ Report—–The US Economy Is Dead In The Water Here’s a newsflash that CNBC didn’t mention. According to the BLS, the US economy generated a miniscule 11,000 jobs in the month of December. Yet notwithstanding the fact that almost nobody works outdoors any more, the BLS fiction writers added 281,000 to their headline number to cover the […]
Chart Of The Day: Canadian Heavy Crude Falls To $19.81—–Down From $100 In 2011
Chart Of The Day: Canadian Heavy Crude Falls To $19.81—–Down From $100 In 2011
Enough Already! It’s Time To Send The Despicable House Of Saud To The Dustbin Of History
Enough Already! It’s Time To Send The Despicable House Of Saud To The Dustbin Of History The attached column by Pat Buchanan could not be more spot on. It slices through the misbegotten assumption that Saudi Arabia is our ally and that the safety and security of the citizens of Lincoln NE, Spokane WA and […]
Central Bank Money Printing—-The Rotten Philosophy Beneath
Central Bank Money Printing—-The Rotten Philosophy Beneath If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not […]
Chart Of The Day: A World Awash In Debt
Chart Of The Day: A World Awash In Debt
Now Comes The Great Unwind—-How Evaporating Commodity Wealth Will Slam The Casino
Now Comes The Great Unwind—-How Evaporating Commodity Wealth Will Slam The Casino The giant credit fueled boom of the last 20 years has deformed the global economy in ways that are both visible and less visible. As to the former, it only needs be pointed out that an economy based on actual savings from real production […]
