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So Tweeteth the Donald

David Stockman / June 12, 2019

If there’s one thing you could say in favor of the last Republican president to face a Democratic impeachment inquiry, it’s that Richard Milhous Nixon pretty much kept his fulminations and fury inside the White Read More

A Look Around the Table

David Stockman / June 11, 2019

When the recession happens, the proximate cause will be new tariffs and the Trade War. The inevitable downturn will really be about easy money – too much of it for too long. Read More

Just Another 21st Century Perversion

David Stockman / June 11, 2019

There’s a genre of Social Media Socialist post with a comment along the lines of “threatening us with a good time again” above a link to a CNBC. Read More

The Growing Influence of the Unchecked Monetary Financial Complex

David Stockman / June 10, 2019

Here’s the relevant inventory of the Bubble Finance Era: There’s essentially no free-market interest rate. Real yields across the maturity spectrum are nearly zero. Read More

This is “Late Bubble Finance”

David Stockman / June 10, 2019

Turns out Jay Powell is the Janet Yellen and the Ben Bernanke of Alan Greenspans. Read More

The Donald Will Take It Easy, Thank You Very Much

David Stockman / June 7, 2019 locked

When the Donald tweets about the “greatest economy ever,” he doesn’t understand that the implosion of what is indeed the greatest-ever stock market bubble will send it into the dunk-tank. Read More

Our Monetary Mess

David Stockman / June 4, 2019

Within certain limits, it is actually true that the less money you have, the less you worry. – George Orwell, Down and Out in Paris and London(1933) ... Read More

The Fog of Trump

David Stockman / June 3, 2019

Chaos was the law of nature; Order was the dream of man – Henry Adams, The Education of Henry Adams (1918) ... Read More

When All You Have Is a Hammer

David Stockman / May 31, 2019

I am a Tariff Man. – President Donald J. Trump, “Statement via Twitter,” (10:03 a.m. ET December 4, 2018) ... The Donald cratered equities futures again. Read More

Recent Articles

Immodest Proposals

By David Stockman.  |  June 17, 2019

When George Met the Donald

By David Stockman.  |  June 14, 2019

A Real-Time Test of the Madman Theory

By David Stockman.  |  June 13, 2019