Thank you for your interest. This content is available to our exclusive subscribers. David is the ultimate Washington insider turned iconoclast. He began his career… ادامه »stockman letter

If the present trend continues, the Dow Jones Industrial Average will close higher for the eighth straight day. Nice way to close the week. But… ادامه »“Easy Money” is All They Know

Folks, I’m getting ready to deliver the Keynote Address at the 2019 Irrational Economic Summit on Thursday Evening. (You can catch it here via livestream…)… ادامه »Want of Quant

“We’re heading into a horrendous fiscal crisis in the 2020s. And we’re going to have a choice in the upcoming election between the biggest spender… ادامه »This Bubble, Too, Shall Collapse

– George Orwell, Nineteen Eighty-Four (1949) Russiagate is just a means to an end: Taking out the Great Disruptor is necessary to preserve the Duopoly. Indeed, the… ادامه »The Enemies of the Donald Are Not Your Friends

Debts and lies are generally mixed together. – François Rabelais, The Horrible and Terrifying Deeds and Words of the Very Renowned Pantagruel King of the Dipsodes,… ادامه »“3.47 Times” Is the New Normal

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of… ادامه »It’s the Inflation, Stupid

There’s a fake quote making rounds on Twitter today. It’s attributed to Jim Jordan, a Republican representing Ohio’s 4th congressional district. You’d be amazed at… ادامه »Industrial Production Is Punk

We’ve been here before. Indeed, it wasn’t so long ago. In August 2007, the Wilshire 5000 Index, the most comprehensive measure of the U.S. stock… ادامه »Here’s What Happens When the Fed Cuts Rates…