By John Mauldin How on God’s green earth are we supposed to make sense, from an economic and investment portfolio view, of what is happening? A recession could change everything It has been quite a while since we have had a recession. When we do have one, it’s going to further limit our choices. Donald Trump The economic realities of …
One Man’s Opinion: What Happens When 2-Term Presidencies End?
By ZeroHedge Four words – nothing good for stocks. With the election decided, the burning question now is, “What next?” And, as Axioma details in their latest report, as “unprecedented” as the 2016 US Presidential election may have been, there are at least some precedents to which we can point for insights into what may now lie ahead.
One Man’s Opinion: The Jig Is Up: America’s Voters Just Fired Their Ruling Elites
By David Stockman America’s voters fired their ruling elites last night. After 30 years of arrogant misrule and wantonly planting the seeds of economic and financial ruin throughout Flyover America, the Wall Street/Washington establishment and its mainstream media tools have been repudiated like never before in modern history. During the course of the past year, upwards of 70 million citizens—–59 …
One Man’s Opinon: Where Will The Money Go When All Three Market Bubbles Pop?
By Charles Hugh-Smith Since the stock, bond and real estate markets are all correlated, it’s a question with no easy answer. Everyone who’s not paid to be in denial knows stocks, bonds and real estate are in bubbles of one sort or another. Real estate is either an echo bubble or a bubble that exceeds the previous bubble, depending on …
One Man’s Opinion: Recession Now… Or Depression Later
By Peter Schiff Currently economists and market watchers roughly fall into two camps: Those who believe that the Federal Reserve must begin raising interest rates now so that it will have enough rate cutting firepower to fight the next recession, and those who believe that raising rates now will simply precipitate an immediate recession and force the Fed into battle …
One Man’s Opinion: The Chart That Gives Citi “The Chills”
By ZeroHedge Two weeks ago, HSBC’s Murray Gunn warned of “ominous signs” exuding from the US equity markets. This weekend, Citi’s Tom Fitzpatrick confirmed the concerns exclaiming Travolta-esque “[we’ve] got chills [about the market], and they’re multiplying… and they’re losing control.” While fully realizing that you can find a lot of similar overlays if you look hard enough…this one gives …