The Everything Bubble—Waiting For The Pin

By David Stockman Yesterday we noted that financial markets have become completely uncoupled from reality and that the recent feeble bounces between the 20-day and 50-day chart points were essentially the rigor mortis of a dead bull. As it happened, we were able …

READ MORE

New Garrison The California Showdown

THE SHOWDOWN Attorney General Jeff Sessions finally woke up. He intends to stop California’s open border policy. Not only is Governor “Moonbeam” Jerry Brown not enforcing our immigration laws, he and other lefty loons have actively been trying to suppress …

READ MORE

American Wall, Californian Bridges

“The American electorate isn’t moving to the left- it’s shrinking. Democrats figured out they’d never win with Americans, so they implemented an evil, genius plan to change this country by restocking it with voters more favorably disposed to left-wing policies …

READ MORE

Goldilocks And The Liquidity Bears

by jessefelder While most investors and pundits are currently focused on optimistic analyst earnings estimates for the coming year there’s another far more important phenomenon underway that deserves more attention. Three years ago Stan Druckenmiller gave a very important speech to …

READ MORE