Finance

Finance

How to Topple an Empire in Three Steps

FinanceBy Andrew Klein.  |  August 7, 2018

Well, normally I’m against big things. I think the world is going to be saved by millions of small things. Too many things can go wrong when they get big. Read More

A Midsummer Night’s ‘Mare

FinanceBy David Stockman.  |  July 31, 2018

To sleep – perchance to dream: ay, there’s the rub…

– William Shakespeare, Hamlet (circa. 1599 – 1602)


Let’s just concede “It’s absurd. Read More

There’s Nothing “Great” About This Economy

FinanceBy David Stockman.  |  July 24, 2018

He who dares not offend cannot be honest.

– Thomas Paine

Here’s another case of Wall Street peddling swampland.

Everything reads “Goldilocks. Read More

FinanceBy David Stockman.  |  July 13, 2018

Our great democracies still tend to think that a stupid man is more likely to be honest than a clever man, and our politicians take advantage of this prejudice by pretending to be even more Read More

This Clown Opera Is Just the Prologue

FinanceBy David Stockman.  |  June 25, 2018

“Taking crazy things seriously is a serious waste of time. Read More

From Here to QT-ity

FinanceBy David Stockman.  |  June 19, 2018

What goes up must come down…” – Blood, Sweat & Tears, “Spinning Wheel” (1968)

We have no illusions that statists will ever knowingly permit a return to free markets, in the canyons of Wall Street or anywhere else. Read More

The Deep State’s Dead End

FinanceBy David Stockman.  |  June 13, 2018

After nearly three decades of monetary central planning, the global financial system is headed for destruction.

Asset prices have been drastically, systematically falsified. Read More

There’s (Almost Literally) Nothing to Fear…

FinanceBy David Stockman.  |  June 7, 2018

“…peace, commerce, and honest friendship with all nations; entangling alliances with none…” – Thomas Jefferson, First Inaugural Address (March 4, 1801)

Our trillion-dollar Warfare State is really a vast, complex ecosystem. Read More

Who Will Tell the President?

FinanceBy David Stockman.  |  May 7, 2018

“Without debate, without criticism, no administration and no country can succeed, and no republic can survive.” – President John F. Read More

The Donald Has Primed the Pin

FinanceBy David Stockman.  |  May 2, 2018

“I am to provide the public with beneficial shocks.” – Alfred Hitchcock

The recent move by the 10-year U.S. Treasury yield up toward 3% doesn’t seem like much in the big picture. Read More