recession

Update On Market Overvaluations——-43% to 90% Above Historic Means

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Welcome To Hell——Central Banking At Work In Brazil and Beyond

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Rearranging The Deck Shares——Central Banks Inflating Massive Debt Bubble Even Further

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Weekend Reading: “Bre-Lief” And The Troubles Below

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Negative Revisions, Balance Sheet Rot, “Bre-lief” Rally

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The Income Deficiency of The Fed’s Purported ‘Full’ Employment

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Q1 GDP Revisions Don’t Change The Great Dislocation

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A Rally To Sell Into——Punters Waiting For The ‘Invisible Hand’, Again

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May Durable Goods Report Adds To The Idea of Depression (Small ‘d’)

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Weekend Reading: Inconceivable

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