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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

Reckless

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