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When the Only Answer Is “Debt”

David Stockman / October 18, 2019

Here’s the story of the Duopoly in two dates and two dollar figures… June 30, 2019, $16.188 trillion September 30, 2019, $16.809 trillion The difference between the dollar figures is $621 billion. Read More

The Grift and Your Money

David Stockman / October 17, 2019

As I note in the October issue of The Stockman Letter, “The Institute for Supply Management (ISM) services index for September came in well below expectations. Read More

What Do Your Investor-Eyes See?

Michael Coolbaugh / October 17, 2019

Yesterday, I spent the afternoon packing away most of our outdoor non-essentials. Though I don’t have a degree in geoscience, I’m fairly confident temperatures will continue to drop over the coming weeks. Read More

Daring Huge Debt for Their Jaunty Jalopies

David Stockman / October 16, 2019

The most detailed picture of the American consumer reveals there’s more “dropping” going on right now than “shopping.” That’s problematic. Read More

Trump’s Trade Tragedy

Chris Scott / October 15, 2019

A few weeks ago, I explained why a potential trade truce with China would be “limited, fragile, and temporary. Read More

When “Great” Is Not Enough

David Stockman / October 15, 2019

There is no “deal.” “Phase One” is more nonsense. The clear differences between the U.S. and China – beyond commerce – are well exposed. This is, as Orwell once distilled it, about “authoritarians” and “libertarians. Read More

Socialism in America

David Stockman / October 14, 2019

The Elizabeth Warren Express is gaining momentum. Read More

Our Immiserating Monetary Central Planners

David Stockman / October 11, 2019

The cost-benefit ratio of monetary central planning is abysmal. That’s probably the biggest general conclusion we can draw after Day One of the 2019 Irrational Economic Summit. Read More


David Stockman / October 10, 2019

As I pack up and head out for my flight to Washington D.C. Read More

Recent Articles

What Hath Trump Wrought

By David Stockman.  |  October 22, 2019

Worse Than the Cold War

By Chris Scott.  |  October 22, 2019

More “MAGA” Magic

By David Stockman.  |  October 21, 2019