Historical Archives

Another Undeclared War: Trump Threatens Full Naval Blockade of Venezuela

David Stockman’s Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s …

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Global Bond Yields In Meltdown—Entire German Yield Curve Now Subzero

… the real show is in Germany, where not only did German 10Y Bunds tumble to the lowest on record, sliding to -0.503%, far below the ECB’s -0.40% deposit rate, the highlight was the plunge in 30Y yield, which today dropped below 0%… https://www.zerohedge.com/news/2019-08-02/entire-german-curve-drops-below-zero-first-time-ever

Entire Swiss Curve Goes Sub-Zero—Global Negative-Yielding Debt Spikes To $13.7 Trillion

David Stockman’s Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s …

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Mind The Rails: Trade’s Derailment Sends Ominous Sign

David Stockman’s Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s …

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Not The Greatest Economy Ever, Part 1

The daredevils left in the casino keep nibbling at the dips, but the so-called “incoming data” keeps reminding us that they are on a fool’s errand. What we are saying is that the overall financial and economic landscape is exactly the opposite of the “greatest economy ever” about which the Donald so cluelessly boasts. Neither the ballyhooed U-3 unemployment rate …

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Goldman Warns Risk Of Market Crash Is Highest Since The Financial Crisis, Nearing 60%

David Stockman’s Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s …

Goldman Warns Risk Of Market Crash Is Highest Since The Financial Crisis, Nearing 60% Read More »

Mind The Debtberg: Why Interest Rates Don’t Need To Rise Much To Trigger Recession

While it is true that U.S. interest rates are still very low by historic standards, the reality is that rates do not have to rise anywhere near as high as they did in the past to cause recessions due to America’s debt load that has grown dramatically over the past several decades. Since the early-1980s, …

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