Stockman’s Corner

The Vlad And Donald Show—A Glorious Blow For Peace!

The Vlad and Donald show in Helsinki today was simply brilliant and breathtaking—we’d say even a beautiful thing to behold. Between them, they left CNN’s nattering nabobs of neocon nonsense sounding like the shrieking monkeys they actually are. And that’s to say nothing of the fools they made out of the newly minted liberal and progressive war-mongers on

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Chart Monkeys On Parade, Part 2

During the opening scene in Gladiator, when Russell Crowe is surveying the Germanic tribesman pouring from the black forest towards their imminent slaughter by his Roman legions, his chief lieutenant matter-of-factly admonishes: “People should know when they are conquered”. You could also say that about today’s casino. They should surely know by now that Donald Trump is their very worst nightmare. Yet day after day the

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Chart Monkeys On Parade, Part 1

There is no rational reason to buy a geriatric bull market that has 3-5% upside and 40-50% downside. But we have finally reached the point where investor risk/reward metrics have absolutely nothing to do with the daily bumps and grinds of the stock averages. That is to say, the chart monkeys now own the casino

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Time For A Mercy Killing At NATO

The Great Disrupter was in fine fettle today. First he scolded Germany for investing in a natural gas pipeline from Russia that makes all the sense in the world and then blasted it for not spending money on defense it doesn’t need. Well, I have to say, I think it’s very sad when Germany makes a massive oil and gas

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Not MAGA–The Folly Of Trump’s Trade Wars And His Three Stooges Of Protectionism

The Donald apparently believes that ever since Smoot-Hawley worked out so well in the 1930s that the US has foolishly been engaged in unilateral disarmament on the trade front. In fact, if trade is all about bilateral export/import scoreboards and whose tariff is bigger, then to hear the Donald tell it you would think America has the shortest one on the

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Debunking The Latest MAGA Delusion—-4% Growth My Eye, Part 2

Here’s another case of Wall Street peddling what looks to be Florida swampland. To wit, Goldilocks is allegedly back because we got muted wage growth and strong jobs numbers in June and a sharp GDP-boosting trade deficit shrinkage in May. Apparently, just the scent of Goldilocks is all that it takes to juice up the dip-buyers—-with both silicon

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Debunking The Latest “MAGA” Delusion: The Donald Definitely Hasn’t “Made America Great Already”, Part 1

The Donald’s unhinged rant during this Great Falls, Montana speech last night may well mark the beginning of his own great fall—-and not because of his mean-spirited riff on the ancestry of the sanctimonious female senator from Massachusetts. In effect, what he actually did was to declare “mission accomplished” on MAGA. That is, he averred that after

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Lemming Time……Again!

Back on January 4, the S&P 500 closed at 2724 or about where it attempted to break-out today. In the interim, Wall Street has invented one meme after another to lure the lemmings in for another ride on the Sucker’s Express. But the oft-promised breakout ain’t gonna happen because the Era of Bubble Finance is done. The money

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