Deep State First, Part 2: Lunacy In RUT Land, Debtberg Ahead

During an appearance on Fox Business recently we were indignantly asked by the Wall Street Journal’s chief Fed shill, Jon Hilsenramprath, whether we thought the market discounts the future—-the implication being that our dim outlook was out to lunch. Our response was that of course it discounts the future—by about one day! Here’s some living proof. The small and mid-cap Russell 2000 (RUT) kissed […]
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