Stockman’s Corner

Probably Nothin’!

Contra Corner Probably Nothin’! – David Stockman’s Contra Corner

Slithering Toward Recession

The third revision of Q1 GDP is supposedly ancient history, but still there was some noise in this morning’s numbers that wasn’t all that.

Joe Biden Goes A Beggaring

It looks like the Fed still has a lot of anti-inflation wood to chop. The April Case-Shiller 20-City Average came in at a record +21.2% on a Y/Y basis, thereby topping by a considerable margin peak gains during the Greenspan housing bubble. Yes, they don’t include housing prices in the CPI or PCE deflator anymore, …

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America’s Spasmodic Economy, Part 1

The Biden Administration’s utterly idiotic plan to enact a three-month holiday from the 18.4 cents per gallon Federal gas tax should be a wake-up call with respect to a far broader and more destructive threat. To wit, the US economy has lost its market-based bearings and is now behaving like a spasmodic heap of discord, …

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