Historical Archives

The Donald Undone: Tilting At The Swamp, Succumbing To The Empire

You can’t build the Empire and drain the Swamp at the same time. That’s because the Swamp is largely the fruit of Empire. And it’s also the reason that the Donald is being rapidly undone. Indeed, it is the Empire’s $800 billion national security budget which feeds Washington’s vast complex of weapons suppliers, intelligence contractors, national security bureaucrats, NGOs, …

The Donald Undone: Tilting At The Swamp, Succumbing To The Empire Read More »

Possible Trend? Nah, Just The Red Ponzi Which Can Never Fail!

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 …

Possible Trend? Nah, Just The Red Ponzi Which Can Never Fail! Read More »

Thanks Greenspan! Bubble Finance Apparently Helped Some People

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 …

Thanks Greenspan! Bubble Finance Apparently Helped Some People Read More »

The Demise Of Bubble Finance And The Folly Of Trump-O-Nomics, Part 2

As we indicated in Part 1, we are at a decisive pivot point and its far more consequential than the mid-term elections. Even then, we cannot but marvel at the utter complacency which still prevails in the casino. We even heard one bubblevision talking head today suggesting that on the off-chance that the GOP retains the US House …

The Demise Of Bubble Finance And The Folly Of Trump-O-Nomics, Part 2 Read More »

Almost There—35-Year Trend Reverses At 3.26% On 10-Year

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 …

Almost There—35-Year Trend Reverses At 3.26% On 10-Year Read More »

Forget The Rate Hike Pinpricks: The Fed’s Real Bull-Slayer Is QT

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 …

Forget The Rate Hike Pinpricks: The Fed’s Real Bull-Slayer Is QT Read More »

The Hidden Cost of Financial Repression—-Growth Killing Debt Zombies

According to BIS, the prevalence of zombie firms has ratcheted up since the late 1980s. In its research across 14 advanced economies, the BIS found the share of zombie firms had gone up, on average, from around 2 percent to 12 percent in 2016. https://www.cnbc.com/2018/10/31/zombie-firms-are-fueling-fears-for-the-global-labor-market.html

Yield Shock Ahead! The Purple Line (Deficit % of GDP) Has Never Before Risen Late Cycle

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 …

Yield Shock Ahead! The Purple Line (Deficit % of GDP) Has Never Before Risen Late Cycle Read More »

When Central Bankers Foster Endless Cheap Debt—-Who Needs Free Cash Flow!

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 …

When Central Bankers Foster Endless Cheap Debt—-Who Needs Free Cash Flow! Read More »

Why Does Washington Persist In Waging Losing Wars? Try Political Cowardice, Deep State Power And Beltway Graft

With U.S. forces endlessly fighting ill-begotten wars, whether in Vietnam in the 1960s or in Iraq and Afghanistan four decades later, it’s easy to lose sight of where the Pentagon continues to maintain a truly winning record: right here in the U.S.A. Today, whatever’s happening on the country’s distant battlefields, the idea that ever more …

Why Does Washington Persist In Waging Losing Wars? Try Political Cowardice, Deep State Power And Beltway Graft Read More »