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August 4: Daily Contrarian Reads

My daily contrarian reads for Friday, August 4th, 2017.

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Cherry-Picking The Data Doesn't Make The Bulls Narrative True

The new story in the casino is that the Gong Show in Washington doesn't matter. That's because the global economy has supposedly entered a new cycle of self-fueling expansion----meaning that surging profits are not far behind.

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August 3: Daily Contrarian Reads

My daily contrarian reads for Thursday, August 3rd, 2017.

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Lemmings

The image below sums up the current state of play on Wall Street as well as any. We are literally just weeks from a thundering crisis over the debt ceiling and continuing resolutions for FY 2018 that will hit the casino like a ton of bricks.

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August 2: Daily Contrarian Reads

My daily contrarian reads for Wednesday, August 2nd, 2017.

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The Asset Strippers Ball: How The Fed Enabled LBO Kingpins To Scalp Billions

Here's a juxtaposition that is surely vertigo inducing. On the one hand, the financial system is implicitly held to be so preternaturally stable and healthy that realized volatility on the S&P 500 has been driven to 50-year lows.

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August 1: Daily Contrarian Reads

My daily contrarian reads for Tuesday, August 1st, 2017.

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Chart of the Day: Why Worry---Black Tuesday Already Happened and Black Monday, Too!

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Bull's-Eye! Trump's "No Insurance Bailout" Tweets Nail It Again

The nation's tweeter-in-chief is on a roll. He laid a hard punch on the Warfare State last week by tweeting down the CIA/McCain War in Syria, and now he has leveled a haymaker against the Welfare State.

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July 31: Daily Contrarian Reads

My daily contrarian reads for Monday, July 31st, 2017.

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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.

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