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Olduvai III: Catacylsm
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Here’s Why Magazine Covers Reveal the “Market Zeitgeist”… What Investors Should Do Instead..

Here’s Why Magazine Covers Reveal the “Market Zeitgeist”… What Investors Should Do Instead.. Too many times in the past have I seen covers like this… and a few years later it didn’t turn out too bullish! We covered magazine covers before as a great way to gauge “market zeitgeist.” It will be a while before […]

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What if

What if What if bears were right all along? What if it’s not different this time? What if this Fed liquidity inspired rally produced precisely the kind of exuberant final thrust we often see at the end of business cycles? After all, people were really bullish in 2007, people were really bullish in 2000, both final […]

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Bubble Fortunes

Bubble Fortunes  Wynn Bullock Child on a Forest Road 1958  A few days ago, former Reagan Budget Director and -apparently- permabear (aka perennial bear) David Stockman did an interview (see below) with Stuart Varney at Fox -a permabull?!-, who started off with ‘the stock rally goes on’ despite a London terror attack and the North […]

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The Worse Things Get For You, The Better They Get For Wall Street

The Worse Things Get For You, The Better They Get For Wall Street On October 2 the BLS reported absolutely atrocious employment data, with virtually no job growth other than the phantom jobs added by the fantastically wrong Birth/Death adjustment for all those new businesses springing up around the country. The MSM couldn’t even spin […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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