The Mother Of All Stock Market Bubbles

The Mother Of All Stock Market Bubbles

Never before in US equity market history was there as great a disconnect between economic reality and equity prices as now…   At a time of economic collapse and likely protracted US Depression, market valuations are at or near all-time highs. David Stockman...
The Crony Capitalist Thieves Are Back

The Crony Capitalist Thieves Are Back

The nerve of it is a wonder to behold. The US airline industry has spent a decade shoving itself into harm’s way by strip-mining their balance sheets to fund share buybacks and goose top executive stock options. For crying out loud – the reckless irresponsibility of...