Archive For: March 2017

Page 1 of 1112345...10...Last »

Chart of the Day: Consumer Confidence Index Versus S&P 500----Eerie Precedents

Read More

Chart of the Day: How The US Got To $20 Trillion of Debt----Slowly At First, Then In A Rush

Read More

Trump's $4 Trillion Fiscal Hole---Why "Cut" And "Replace" On Taxes Will Be An Even Bigger Debacle, Part 4

A central revisionist myths that emerged from the 1980s Reagan era, and which was long a mainstay of GOP political oratory, has been resurrected by Wall Street bulls to explain how Trump can escape the Debt Trap we have been documenting in this series. Namely, that the deep tax cuts of 1981 had generated an extraordinary growth boom, causing surging revenues to pay for much of the initial loss.

Read More

March 30: Daily Contrarian Reads

My daily contrarian reads for Thursday, March 30th, 2017.

Read More

Chart of the Day: US Visa Vetting in 2016----Maybe Not "Extreme" But Certainly Considerable

Read More

Trump's $4 Trillion Fiscal Hole---Why Tax "Cuts" And Revenue "Replace" Will Be An Even Bigger Debacle, Part 3

We have called what lies ahead a Fiscal Bloodbath; it stands in sharp contradistinction to the late-cycle fiscal pick-me-up that Wall Steet refuses to"price-out" of this absurdly over-valued market.

Read More

March 29: Daily Contrarian Reads

My daily contrarian reads for Wednesday, March 29th, 2017.

Read More

ECB Stimulus Failure is Proven By European Banking Data

Total assets in European banks rose by 0.7% in February after a 0.6% gain in January. However, those assets are still down by over 10% since mid 2012. They remain within the same range they have been in since December 2014.

Read More

Trump's $4 Trillion Fiscal Hole---Why Tax "Cuts" And Revenue "Replace" Will Be An Even Bigger Debacle, Part 2

The mules of Wall Street were back at it again yesterday, buying the dips after the overnight whoosh in the futures market. Apparently, it will take an actual 2x4 between the eyes to break a habit that has been working for 96 months now since the March 2009 post-crisis bottom.

Read More

March 28: Daily Contrarian Reads

My daily contrarian reads for Tuesday, March 28th, 2017.

Read More

Page 1 of 1112345...10...Last »

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.

Get Access