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Please Don’t Pop My Bubble!

Please Don’t Pop My Bubble! So ride your bubble of choice up–stocks, bonds, housing, bat guano, take your pick–but it’s best to keep your thumb on the sell button. One person’s bubble is another person’s “fair market value.” What is clearly an outrageously overvalued asset perched at nosebleed levels of central-bank fueled speculative euphoria is to […]

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Market Analyst: “Nothing Is Real… All Of This is Being Played To Keep People Believing The System Is Working”

Market Analyst: “Nothing Is Real… All Of This is Being Played To Keep People Believing The System Is Working” The stock market may be hovering near all-time highs, but according to Greg Mannarino of Traders Choice that doesn’t mean the valuations are actually real: We exist, beyond any shadow of any doubt, in an environment of absolute […]

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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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It’s Just a Question of Whose Capital Will Be Destroyed

It’s Just a Question of Whose Capital Will Be Destroyed The amount of money investors have plowed into startups has reached record highs. In 2014, investors of all kinds, from angels and VCs to big asset managers, invested $48.35 billion in startups, “only” the third highest year on record, but the highest since the crazy […]

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DANGER WILL ROBINSON

DANGER WILL ROBINSON It’s funny how the truth sometimes leaks out from the government. I’m guessing that Mr. Ted Berg will not be working for the Office of Financial Research much longer. This new agency was created by the Dodd Frank Law and is supposed to protect consumers from the evil Wall Street banks. But […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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