Stockman's Corner

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More Stinky Stuff From Bubble Finance---Highly Paid Wall Street Idiots

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Robert Mueller---Deep State Capo On The Rampage

Don't take our word for it. Below is how the NYT described Mueller's thuggish raid on Paul Manafort's home one early morning last July. You would think the man was an axe-murderer or guilty of high treason, but actually his offense was to get afoul of the War Party's line on Ukraine and Russia.

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Shrug Today, Bleed Tomorrow

Deutsche Bank was out this morning with a 217-year chart that says it all.

To wit, markets have reached a point of Peak Lunacy. In a world choking on economic, political, demographic and military troubles, stock and bond prices have never been so high. Or as its crack analyst Jim Reid put it, "we’re in a period of very elevated global asset prices – possibly the most elevated in aggregate through history".

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Don't Do It, Donald!

When we checked into this morning's rather punk August retail sales number (down 0.2% from July), we were again reminded of how the Fed's money printing spree of the last two decades is so not working.

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The Donald's DACA Dinner With The Dems And Wall Street's Impending Day Of Reckoning

This is getting downright ludicrous. Self-evidently, two-way trade and honest price discovery on Wall Street were destroyed long ago by the monetary central planning regime of Milton Friedman, Alan Greenspan and their heirs and assigns.

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$20 Trillion And Counting (Rapidly), Part 2

The Donald doesn't stand a snowball's chance in the hot place of making America's economy great again. That's because he does not understand a thing about central banking and thereby fails to realize that the current Keynesian regime at the Fed is gutting the economy of Flyover America----even as it showers Wall Street and the 1% with the unspeakable windfalls of Bubble Finance.

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$20 Trillion And Counting (Rapidly), Part 1

That was quick! In fact, so quick that it's significance can't be grasped without reference to its historical context and its brobdingnagian (i.e."HUUGE") aspect.

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Betrayal On The Fiscal Rubicon, Part 2

It turns out the Trump surrendered to Chuckles Schumer for one day of praise on "Morning Joe". As the Donald himself might say, PATHETIC!

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Betrayal On The Fiscal Rubicon, Part 1

Maybe the Democrats did win the 2016 election. Or at least the the Deep State and its accomplices in the beltway political class, K-Street lobbies and the mainstream media did.

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Now Cometh The Pandemonium!

Sure enough. On Wednesday Wall Street bought the dip and Washington kicked the can. But that shouldn't fool anyone. Both ends of the Acela Corridor are setting up for pandemonium, and soon.

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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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