Yesterday the Donald threatened to annihilate an entire country and its 25 million people. And he did so not rhetorically (as in "should we consider the option?") from the secret bunkers of the Situation Room but intentionally (as in "you better believe we will") from the very public rostrum of the UN. But no worries. The casino rose to yet another all-time high because apparently the impetuous, nuke-possessing duo of Donald Trump and Kim Jong Un are to be regarded as just loudmouths exchanging school yard taunts. No reason at all, however, to forgo a 0.3% gain on the dip.
More Stinky Stuff From Bubble Finance---Highly Paid Wall Street Idiots
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.