August 26, 2015
Something weird happened in the stock market today. Yesterday I blogged about the stock markets. I’d been up early to see what was going on in Europe and Asia. I was watching US futures, too. I decided to write about what might happen. And I told you about Ben Hunt, my favorite economics writer. Ben combines remarkable knowledge of game theory and psychology with his genius in finance and economics.
Insane: Stocks Markets Rally On Economic Disasters
August 14, 2014
Eurozone’s economy is basically in recession. Walmart lowered expectations. Again. The world is teetering on the edge of World War. The US is launching Iraq War 3.0: Mission Accomplished Accomplished. Germany’s economy is flat, and Italy and France are getting worse. Risk is high. Corporate debt is staggering. The Fed’s balance sheet is a sea of monetized debt. The central banks have nothing left to fix another crash. And the stock markets are rocketing to record highs because of all this news.
That Hideous Rhythm
August 17, 2007
I just blogged about the bad, sad events in St. Louis, Missouri, today. A 22-year-old police officer shot to death on duty; a famous, majestic church burned. But looking around the internet, I find bad news all over. It was one of those days when the world’s rhythms crossed into bad vibes. Some of those vibrations shook the earth in Peru, to the tune of 8.0 on the Richter scale, killing at least 850, probably more.