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The Meaning of This Reporting Season

David Stockman / July 16, 2019

Alcoa (NYSE: AA) will kick off another earnings-reporting season tomorrow, this time covering the three months ended June 30. The major indexes remain in holding patterns up near all-time highs. Read More

White Nationalism and State Thievery

David Stockman / July 15, 2019

It’s as quiet a day on the “business news” front as you’ll ever see. That’s probably down to the fact that we’re about to enter second-quarter earnings-reporting season. Read More

The Greatest Stagnation

David Stockman / July 12, 2019

We’ll head into the weekend with another triple-digit rally for the Dow Jones Industrial Average… and entirely new levels of “Peak Trump”… Bubble vision teed up Art Cashin to pull on a gold-lettered “27,000” ball Read More

Mr. Magoo And Military-Industrial-Surveillance Complex

David Stockman / July 11, 2019

There’s not a lot of folks still around with first-hand memories of Mr. Magoo or the general 1950s. It’s a shame it’s passing into the shadows. Read More

This’ll Blow Your Top Off

David Stockman / July 10, 2019

On the day Federal Reserve Chair Jerome Powell testified before Congress about his concerns of an approaching recession, the stock market reached new all-time highs. Read More

How We Go To War With Iran Today

David Stockman / July 9, 2019

So, we’re at the stage of the game where Iran is publicly announcing, in real time, the steps it’s taking in its accelerated plan to produce uranium. Read More

Tale of the 10-Year U.S. Treasury Yield

David Stockman / July 8, 2019

The yield on the 10-year U.S. Treasury note is back above 2.00% at this hour, having surged above that level during the trading session after Independence Day. Even at a 2. Read More

Justin Amash Is Legit

David Stockman / July 5, 2019

It’s quiet on Wall Street today. Oh, markets are open, and the Dow Jones Industrial Average is down about 140 points as of midday. Read More

Some Rain on the Donald’s Parade…

David Stockman / July 3, 2019

Stocks dipped early Tuesday. But they bought it, because they always do these days. Indeed, the S&P 500 Index closed at another new high. Read More

Recent Articles

The Rough Origins of the Warfare State

By David Stockman.  |  July 19, 2019

Is America on the eve of destruction?

By David Stockman.  |  July 18, 2019

The Authoritarian Cult of Donald Trump

By David Stockman.  |  July 17, 2019