Stockman’s Corner

After two gloomy days for stocks at the start of the month which led to the worst December for the S&P since 2008, markets rebounded around the globe following an unsourced Bloomberg report that said the trade negotiations with China are still very much on track “according to people who wish to remain anonymous” (such […]

There is nothing like a hot mic at a gathering of the world’s great poobahs to give you a glimpse of unscripted reality. We are referring, of course, to yesterday’s NATO contretemps involving three of the wanna be Mighty Ones—Boris Johnson, Emmanuel Macron and Justin Trudeau—who were overheard making exceedingly light of the Donald’s long-winded and often unhinged press conferences during the event. The Canadian prime

Secretary of Defense Mark Esper has imported into the American military lexicon a new rationale for U.S. military actions in the Middle East. It’s called “mowing the lawn,” but it has nothing to do with keeping the grass trimmed. “To mow the lawn,” Esper recently remarked to reporters, “means, every now and then” giving your

Maybe even the Orange Swan metaphor doesn’t do the Donald justice. Based on his London presser this AM, perhaps Whirling Dervish would be the better appellation. At least, the headline reading algos might think so. During a blizzard of double-talk and circular babbling, the Donald had them ripping and plunging likely rarely before. The China

Once upon a time there was something called Event Risk that hovered over the financial markets, as did an even scarier relative known as the Black Swan. Apparently, no longer. The Fed has so completely destroyed honest price discovery and euthanized fear of risk so thoroughly that the End of Times itself would likely illicit a new round

The Donald didn’t pull any punches amidst his oratorical flight at Sunrise Florida last night when he proclaimed, “….the  stock market just hit another all time in history high. Meaning 401ks and jobs. Everyone’s getting rich…..and I’m working my ass off” In point of fact, it never, ever gets more delusional than that. The Fed has unleashed

Capitalist prosperity and constitutional governance are under dire existential threat in America, and the three main causes are the Fed, the Fed and the Fed. The leading edge of the this threat, of course, is impending fiscal catastrophe, anemic economic growth and a rapidly metastasizing maldistribution of wealth. All three stem from the destructive regime of Keynesian central banking which

That’s the key. This is not a problem Trump can solve. If businesses feel they are losing money doing business in China, they have a choice: They can decide they are making enough money anyway and it’s all worth it, or they can leave.             https://moneymaven.io/mishtalk/economics/trump-s-impossible-fight-to-stop-theft-of-ideas-lUuakp1tuEeHk4SFmzAAXA/

It’s beginning to seem like an assault by the Zulu army of American politics—they just never stop coming. We are referring to the Russophobic neocon Deep Staters who have trooped before Adam’s Schiff Show to pillory POTUS for daring to look into the Ukrainian stench that engulfs the Imperial City—-a rank odor that is owing

In Part 1 we dispatched UkraineGater Tim Morrison’s preposterous suggestion that Washington is helping Kiev subdue the Donbas so we won’t have Russkies coming up the East River. Yet his related claim that Ukraine is a victim of Russian aggression is even more ludicrous. The actual aggression in that god-forsaken corner of the planet came from Washington when it instigated,