the daily reckoning

Three Cheers for the “Do Nothing” President

This post Three Cheers for the “Do Nothing” President appeared first on Daily Reckoning. The most intellectual presidents are usually the most trouble... Trump was just the kind of “nuisance” the
The Crumbling Chinese Market

The Crumbling Chinese Market

This post The Crumbling Chinese Market appeared first on Daily Reckoning. “China is so heavily indebted that it is now at the point where more debt does not produce growth. Adding additional debt

China Snared in “Middle-income Trap”

This post China Snared in “Middle-income Trap” appeared first on Daily Reckoning. Subtract China’s fraud and waste, and its economy is far worse than official numbers indicate... China struggles to

Get Used to the “Powell Put”

This post Get Used to the “Powell Put” appeared first on Daily Reckoning. Central banks are backing away from tightening, so you can expect more “dark money” to continue supporting markets... The post

What Happened to the Bear Market

This post What Happened to the Bear Market appeared first on Daily Reckoning. The “Powell Put” is christened... Is a stock market “melt-up” back in play?... The post What Happened to the Bear Market

Quantitative Easing Forever?

This post Quantitative Easing Forever? appeared first on Daily Reckoning. The Federal Reserve has lost its race against time... Will quantitative easing soon become permanent policy?... The post

Expect the Buyback Wave to Continue This Year

This post Expect the Buyback Wave to Continue This Year appeared first on Daily Reckoning. Former Wall Street banker, Nomi Prins' reveals exactly why the buyback wave of 2018 could continue to boost

Elites Are Waiting to Spring Their Trap

This post Elites Are Waiting to Spring Their Trap appeared first on Daily Reckoning. Elites communicate in “dog whistles” only other elites can understand... A Federal Reserve report suggests the
Why the Stock Market Bounced Back in January

Why the Stock Market Bounced Back in January

This post Why the Stock Market Bounced Back in January appeared first on Daily Reckoning. Trump gives neither the bulls nor the bears reasons to celebrate... The close correlation between Chinese

The Next Great Monetary Experiment

This post The Next Great Monetary Experiment appeared first on Daily Reckoning. Trump cheers as Jerome Powell caves into Wall Street... You don’t need to raise taxes to pay for massive spending. You

Three Concerns Hanging Over the Davos Elite

This post Three Concerns Hanging Over the Davos Elite appeared first on Daily Reckoning. The global elite descended private jets to their version of winter ski-camp – the lifestyles of the rich and

A Dangerous Predator Is Loose!

This post A Dangerous Predator Is Loose! appeared first on Daily Reckoning. The world’s elite resolve to solve all the world’s problems, whether you like it or not... By the EU’s standards, democracy

A Trained Monkey Could Do Better

This post A Trained Monkey Could Do Better appeared first on Daily Reckoning. “In short, professional forecasters are worse than trained monkeys at predicting markets”... The post A Trained Monkey
Statistics: The Bureaucrat’s Weapon

Statistics: The Bureaucrat’s Weapon

This post Statistics: The Bureaucrat’s Weapon appeared first on Daily Reckoning. Lock the government statisticians out of work permanently... Official government stats vs. “ShadowStats”... The post

The United States: “Flawed Democracy”

This post The United States: “Flawed Democracy” appeared first on Daily Reckoning. How much control do citizens really have over government?... The United States’ democratic ranking in the world,
The Date Stocks Will Reach New Highs

The Date Stocks Will Reach New Highs

This post The Date Stocks Will Reach New Highs appeared first on Daily Reckoning. The Fed is making “decidedly the stupidest monetary policy mistake in a long line of Fed mistakes”... The current

Volatility Holds the Key to Markets in 2019

This post Volatility Holds the Key to Markets in 2019 appeared first on Daily Reckoning. “We haven’t had much volatility in recent years because nearly everyone was on the same side of the bet. That’s

Markets Hang “Between Order and Chaos”

This post Markets Hang “Between Order and Chaos” appeared first on Daily Reckoning. Markets have entered the “phase transition zone”... The Fed has waged a ruthless war on price discovery... The post
Jay Powell’s Gift to Markets

Jay Powell’s Gift to Markets

This post Jay Powell’s Gift to Markets appeared first on Daily Reckoning. “There could be a violent reversal in the sugar high that started two Fridays ago”... The post Jay Powell’s Gift to Markets
REVEALED: When Recession Starts

REVEALED: When Recession Starts

This post REVEALED: When Recession Starts appeared first on Daily Reckoning. The government shutdown threatens to lop a half-percentage point off first-quarter GDP... The precise time frame of the