Wall Street

Wall Street

How the Donald Killed Irony

Wall Street By David Stockman.  |  January 30, 2019

What you need to remember, with these guys, is that they don’t know they're con men. They're wildly overconfident.Read More

Comfort Woman for the War Party

Federal Reserve By David Stockman.  |  January 28, 2019

Freedom of the press, if it means anything at all, means the freedom to criticize and oppose. – George Orwell, “The Prevention of Literature” (1946) They call The New York Times “The Old Gray Lady.Read More

Junkies Love Their Easy Money

Wall Street By David Stockman.  |  January 2, 2019

The questions, of course, could be asked: Why did you ever try narcotics? Why did you continue using it long enough to become an addict? You become a narcotics addict because you do not haveRead More

Wall Street, Imperial Washington, and Our “Sanity Option”

Wall Street By David Stockman.  |  November 15, 2018

In individuals, insanity is rare; but in groups, parties, nations, and epochs, it is the rule. – Friedrich Nietzsche, Beyond Good and Evil: Prelude to a Philosophy of the Future (1886) Something’s changed.Read More

Europe Opts Out of Forever War

Wall Street By David Stockman.  |  November 8, 2018

Turning and turning in the widening gyre    The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere    TheRead More

What Lies Beneath

Wall Street By David Stockman.  |  September 10, 2018

“Maybe,” he said hesitantly, “maybe there is a beast.” – William Golding, Lord of the Flies (1954) This is, by some measures, the Greatest Bull Market in the History of Humankind.Read More

How to Ignore the Bubble-Brained

Wall Street By David Stockman.  |  August 29, 2018

History is a vast early warning system.Read More

A Midsummer Night’s ‘Mare

Finance By 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

Wall Street vs. Main Street

Wall Street By David Stockman.  |  June 14, 2018

“The minute you get away from fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game, your schoolwork, your job, whatever you’re doing.Read More

What’s Your Appetite for Destruction?

Wall Street By David Stockman.  |  June 15, 2018

“Poverty is the parent of revolution and crime.” – Aristotle, Politics (350 B.C.E.) Central planners destroyed honest price discovery. And they’ve set the seeds to do the same to their whole system.Read More