Finance

Finance

The Meaning of This Reporting Season

Finance By 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

Oh, It’s Just a Currency War…

Finance By David Stockman.  |  July 2, 2019

It’s hard to notice these things these days, but the Donald has laid out yet another marker fraught with economic horrors. Read More

A Parade of Debt and Deficits

Finance By David Stockman.  |  June 27, 2019

Did you know that the U.S. Treasury posted a $207 billion deficit for May? That’s a record. It also reported spending of $440 billion for the month. That’s also a record. Read More

The Peakiest Peak

Finance By David Stockman.  |  May 24, 2019

But I went down to the demonstration To get your fair share of abuse Singing, “We’re gonna vent our frustration If we don’t we’re gonna blow a fifty-amp fuse” – The Rolling Stones, “You Can’t Read More

This Is Financialization

Finance By David Stockman.  |  May 20, 2019

Manufacturing is not buying low and selling high. Read More

A Song of Easy Money and New Tariffs

Finance By David Stockman.  |  May 17, 2019

The common people pray for rain, healthy children, and a summer that never ends,” Ser Jorah told her. Read More

The Dropping of the Apples

Finance By David Stockman.  |  May 15, 2019

And then there is that day when all around, all around you hear the dropping of the apples, one by one, from the trees. Read More

Today in “It Was Always a Bad Idea”

Finance By David Stockman.  |  May 9, 2019

It is not often that you see life and fiction take each other by the hand and dance. – Lawrence Thornton, Imagining Argentina (1987) ... Read More

Bubblevision’s Visionary

Finance By David Stockman.  |  May 8, 2019

Monsters come in all shapes and sizes. Some of them are things people are scared of. Some of them are things that look like things people used to be scared of a long time ago. Read More

The Magic of Another New All‑Time High

Finance By David Stockman.  |  May 1, 2019

Sorcery is the sauce fools spoon over failure to hide the flavor of their own incompetence. – George R.R. Read More