This isn’t the first time billionaire investor Stanley Druckenmiller has warned that US markets is heading towards a devastating crash. He recently mentioned that we are caught up in a “raging mania” fostered by the trillions of dollars in government...
In November, money supply growth rate was essentially unchanged from October and remains near September’s all-time high. The stabilization we find in money-supply growth in recent months comes after eight months of record-breaking growth in the US which came in...
The belief that central banks printing currency can “buy/fix” everything that’s broken, lost or scarce is the ultimate in denial, fantasy and magical thinking. Let’s revisit the pandemic projection chart I prepared on February 2, 2020, nine...
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...
As households struggle to make ends meet, more Americans have been forced to halt or raid their retirement savings in this coronavirus-induced depression. Nearly 3 in 10 people have decreased the amount of money they’re setting aside for retirement or stopped saving...
