By Heisenberg It is the most disliked bull market of my career. No one is excited. This is not like 1999 and 2000, where you
By James Howard Kunstler It’s told that Richard Nixon, during the endgame weeks of Watergate, wandered the west wing hallways in the wee hours, fueled
By James Howard Kunstler There he is, our president, both immovable object and irresistible force, unsmiling with slitty eyes beneath that car-hood of a hair-doo,
By Keith Weiner People constantly tell me that Trump is deregulating. What’s the proof? Well, the stock market is going up. Unemployment is going down.
By Heisenberg On Tuesday, in “‘How’s Your 401(k)?!’ Trump Accidentally Taunts Low Income Americans With New Slogan,” we noted that Donald Trump doesn’t seem to
By Heisenberg Over and over we’ve suggested that Donald Trump should probably stop bragging about the stock market on Twitter if for no other reason
By James Howard Kunstler You can see where this has been going. The wholesale un-personing of “powerful men” in the arts, media, and politics for
By Heisenberg Ladies and gentlemen, Steve Bannon has royally screwed the Republican party. Last night’s special election in Alabama was just as much about Bannon
By Heisenberg (Still) lacking any major legislative achievements in his first year in office, Donald Trump is falling back on the stock market as a
By Doug Noland Credit Bubble Bulletin: End of an Era Of the diverse strains of inflation, asset inflation is by far the most dangerous. A
By Bill McBride Note: This is a repeat of a June post with updated statistics and graph. There are a number of observers who think
By Heisenberg Who is responsible for record high stock prices? That’s a joke. The Fed is responsible for record high stock prices. Everyone knows that.