Archive For: July 2017

Page 1 of 612345...Last »

Brennan, Rice, Power -- Lock Them Up!

We frequently hear people say they have nothing to hide----so surrendering privacy and constitutional rights to the Surveillance State may not be such a big deal if it helps catch a terrorist or two. But with each passing day in the RussiaGate drama we are learning that this superficial exoneration is dangerously beside the point

Read More

July 21: Daily Contrarian Reads

My daily contrarian reads for Friday, July 21th, 2017.

Read More

Interest Rates and Wage Inflation

The monthly release of the BLS jobs data includes the latest data on wage inflation. I thought this would be a good excuse to review the conventional mainstream economic "wisdom" on the relationship between interest rates and inflation, in this case, wage inflatio

Read More

Chart of the Day: Bond Vol Now At All-Time Low

Read More

Chart of the Day: Share Buybacks, Not Earnings Growth

Read More

The "Chuck Prince Market" Redux----Only Even More Dangerous

On July 10, 2007 former Citigroup CEO Chuck Prince famously articulated what might be termed the "speculator's creed" for the current era of Bubble Finance. Prince was ash-canned within four months, of course, but as of that day his minions were still slamming the"buy" key good and ha

Read More

July 20: Daily Contrarian Reads

My daily contrarian reads for Thursday, July 20th, 2017.

Read More

Doleful Retail Sales News Isn't News and Won't Deter The Fed

"More Bad News for Retailers" was the Wall Street Journal's glum headline on the Commerce Department report on June US retail sales last week.

Read More

We've Seen This Movie Before

During the quarter just ended, Netflix (NFLX) burned through $600 million of cash. That brought operating free cash flow to negative $2.1 billion for the LTM period and negative $3.6 billion for the five and one-half years since 2012.

Read More

July 19: Daily Contrarian Reads

My daily contrarian reads for Wednesday, July 19th, 2017.

Read More

Page 1 of 612345...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