Crisis

Trump’s Top Econ Guy Just ANNIHILATED the Market’s Fantasy

The single biggest story this morning is Treasury Secretary Steve Mnuchin pouring ice cold water on the market’s mania. First and foremost, Mnunchin stated point blank that the Trump

Crisis

Is it Autumn 2007 All Over Again?

While the financial world continues to delight in Trump Mania, the US economy has rolled over into recession. I realize this sounds completely insane. After all, stocks are at new all time highs

Crisis

“There is No Market, Only Trump.”

Those who lived through the ‘80s will undoubtedly remember the famous scene from the original Ghostbusters in which Bill Muray’s character goes to see Sigourney Weaver. Unbeknownst to Murray,

Crisis

The Markets Are Screaming “Inflation!” Are You Listening Yet?

I keep pounding the table and screaming about inflation… but people still don’t get it. Hopefully yesterday’s inflation data was a wake up call. For those who missed, US wholesale inflation

Crisis

Janet Yellen Is Playing With Matches Next to a $555 Trillion Powder Keg

Janet Yellen continues to demonstrate that she is either profoundly ignorant or dishonest. Neither of those are positive qualities for a Fed Chair. Having maintained interest rates at essentially

Crisis

According to “Unmassaged Data” the US Economy is Rolling Over

Yet another “unmassaged” data point has shown that the US economy is rolling over. If you’ve been reading me for a while you know that one of my biggest pet peeves is the fact that headline US

Crisis

The US Dollar Bulls Are Falling for a DANGEROUS Trap…

As we have repeatedly warned, anyone who is betting on the Trump Presidency unleashing a massive $USD bull market in the near future is going to get taken to the cleaners. This has already begun…