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Recent Posts
- What I Got Wrong In 2020. Pandemic (A+), Economy (C-), Market (F-).
- Ding Dong the Mitch is Dead. Forget the Politics. Shift in Senate Control is a HUGE Economic Positive
- Pelosi’s 48 Hour Stimulus Deadline – Rounding Out The Circular Firing Squad?
- 3/4 of a Shit Sandwich is Still a Shit Sandwich. Stimulus (Still) Looks Unlikely.
- 90% of The Fed’s “Stimulus” Never Left the Building. $109B Did Hit Markets Directly. That is More Ripple Than Tsunami.
Recent Comments
- Dominique Watkins on Ding Dong the Mitch is Dead. Forget the Politics. Shift in Senate Control is a HUGE Economic Positive
- Dom Watkins on Pelosi and The White House Don’t Expect a Stimulus Deal Anytime Soon…
- Dominique Watkins on Does the Fed Want the Democrats to Win? Might They Act to Make that Happen? Fun With Conspiracy Theories…
- Dominique Watkins on COVID and US Decline Vs China and Etc….
- JR on “Starve the Beast!” Comes Home to Roost. But Who Will They Blame?
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Monthly Archives: October 2019
The Fed Isn’t Manipulating Mr. Market. Mr. Market is Manipulating the Fed.
I remain amused worried by the persistence of the “Central Banks are manipulating rates!” myth. Particularly among so many self-identified free market types. It is a comforting myth. And yes, the facts point in a deeply discomforting direction. But FRED* … Continue reading
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“Trump veered… like a squirrel caught in traffic”
So I’d decided to break my self-imposed politics ban about a week ago. Election is coming up so politics are actionable and just too salient and… Then I got a stomach bug. Then the rest of the family got the … Continue reading
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“Given Treasury Rates, Earnings and Cash Flows Today, Stock Prices Are Not Unduly High”
I don’t often re-post other content, but the piece (link in full below) is worth sharing. It is a “where are the markets now?” piece that very tidily sums up the main (credible) arguments for over or under-valuation of financial … Continue reading
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