The Truth About The U.S.-China Trade War

Economy By David Stockman.  |  August 19, 2019

The word on Bubblevision, again, is that Trade War negotiations have taken on a more upbeat tone. Read More

The U.S. Labor Market Screams “Recession!”

Economy By David Stockman.  |  August 16, 2019

David Rosenberg is a legend so modest you might struggle to recall him. And he’s unflinchingly honest. Read More

Market of No Return

Economy By David Stockman.  |  August 14, 2019

So, the yield curve inverted. I guess that means a recession is coming… This isn’t a time for the old “I told you so,” though. Not with the monetary central planners we’ve got. Read More

Let’s Call It “The Donald Claus”

Economy By David Stockman.  |  August 13, 2019

Argentina’s MERVAL – short for “Mercado de Valores,” or “Stock Market” – fell 48% on Monday. According to Bloomberg, that’s the second-steepest single-day slide for any stock market since 1950. Read More

There’s Work To Be Done

Economy By David Stockman.  |  August 9, 2019

The Dow Jones Industrial Average is back in the red again after three days of “Let’s BTFD Again!” (sung to the tune of “Let’s Do the Time Warp”…) clawed back what was lost on Monday. Read More

It’s “Easy Money” That Makes the World Go ’Round

Economy By David Stockman.  |  August 1, 2019

The Federal Reserve cut interest rates for the first time since 2008. Read More

Industrial Production Is Punk

Economy By David Stockman.  |  July 30, 2019

There’s a fake quote making rounds on Twitter today. It’s attributed to Jim Jordan, a Republican representing Ohio’s 4th congressional district. Read More