Failed States: Hopeless Millennials And The Populist Takeover
“it’s now normal for adults all the way into their 30s to live with their parents, largely because they can’t find work that…”
Continue readingJohn Rubino
The Next Emerging Market Crisis Is All About Oil And The Petro-Dollar
“if you’re tracking the “crises move from the periphery to the core” thesis, one good guide is the flow of oil. If a country is a big…”
Continue readingClueless Regulator Shocked To Hear Corporate Share Buybacks Line Executive’s Pockets
“For an SEC official to be surprised that corporate share repurchases enrich executives is, well, surprising, since…”
Continue readingInflation Is Indeed Back: These Three Charts Clearly Show Already Established Inflation Trends
“letting inflation run beyond 3% on a sustained basis risks leading everyone to extrapolate a rapidly depreciating dollar into the indefinite future…”
Continue readingWhen Will Gold’s ‘Summer Doldrums’ End? History Says Pretty Soon
“This has been a uniquely boring stretch for gold and silver, especially considering all the things going on in the world that…”
Continue readingJunk (Bonds) In The Trunk: Investors Get Comfortable With Subprime Auto Loan Bonds
“The longer an expansion lasts, the crappier its paper becomes. That may seem like a baseless assertion, but it’s actually just simple math.” Here’s why…
Continue readingFeedback Loop Initiated: Inflation Is Back As More People Now Expect Higher Prices
“these become self-fulfilling prophecies, leading people to behave in ways that anticipate — and thus cause — more of the same.”
Continue readingLate-Cycle Sadness: Value Investors Throw In The Towel And Just Buy Apple & Netflix
“late-cycle markets frequently end with hot money chasing what’s been going up…”
Continue readingEmerging Market Chaos And The Spiking Dollar In Four Charts
“Emerging markets have been here before, of course, and history teaches that it will get worse before it gets better.” Here’s the problem…
Continue readingCEO Pay & Compensation: The Next Populist Political Issue
“can be traced back to Nixon closing the gold window in 1971…Like all the other pathologies related to fiat currency, this…”
Continue readingGlobal Anxiety: A Spiking Dollar Equals Emerging Market Chaos
“This may not look like much of a spike in the historical scheme of things, but it actually is, because a…”
Continue readingWe’re No Longer Living In The Home Mortgage Refinance Paradise
“the Fed has in effect been cutting our taxes, enabling us to buy furniture, cars, vacations, you name it…” That’s all changed now. Here’s why…
Continue readingThe Magic Number That Ends This Cycle? Goldman Sachs Just Picked It For Us
Everyone agrees that if interest rates keep rising this will crash the system, and Goldman Sachs just threw out the magic number that brings it down…
Continue readingIs Oil About To Become Front-Page News Again?
“a rising spread indicating higher prices in the future, with all the inflationary pressures that that implies…”
Continue readingAn Anti-Euro Government Has Taken Power In The Heart Of The Eurozone
“Here we go again…If this has a “2008” feel to it, that’s because crisis frequently begins at the periphery and moves…”
Continue readingThere Is A Number That Brings It All Down – But What Is It?
“if history is still a reliable guide, there’s a number that ends this cycle and ushers in the…”
Continue readingIs It The 1970s All Over Again As The Middle East Explodes?
“This was the formative decade for millions of gold-bugs. To see it repeating is bittersweet to say the least.” Here’s the details…
Continue readingNew Loan Sharks Are Entering The Credit Card Business
“The only happy part of this story is the timing. This late in the cycle, an expansion into subprime consumer lending is virtually guaranteed to…”
Continue readingArgentina Is Imploding Again (And There’s A Reason Everybody Should Have Known It Was Coming)
Argentina is imploding, and we’re not talking about its soccer team but its bond market, and there could be contagion. Here’s the details…
Continue readingThe Paper Gold Market May Be Normalizing But Silver Is Getting Even More Extreme
“gold’s technicals are improving and silver’s are so positive that you have to wonder if there’s a catch, though what that…”
Continue reading