Communism Again Gets A Free Pass - Setting The Record Straight On Castro

This week with the passing of Fidel Castro - another “distinguished” ‎butcher comrade with all the assorted hypocrisies - we were reminded of how that scourge of humanity got a free pass yet again. The world by and large missed a great opportunity to set the historical record straight.

Fake Out: A Rally Built On 'Hot Air'

One of the most fascinating aspects of market psychology is participants’ tendency to get bullish at new highs, especially in light of the fact that in recent years every major rally, especially those producing new highs, have set up for a sizable trade to the short side.

The Most Important Market In The World (That You've Never Heard Of)

That so few investors know about this enormous market, its importance, and relevance is frankly pretty shocking. Understanding it goes a long way to understanding why, despite the greatest monetary intervention we’ve ever seen by central banks, we’ve remained in a contractionary environment.

Meet The Competitors In Italy's Referendum

Whether or not the referendum fails and subsequent early elections are held, the possibility that the Five Star Movement will eventually triumph at the national level cannot be discounted, because more and more Italians have grown weary of traditional political parties after decades of mismanagement and corruption.

"Meanwhile In Europe..." - The Big Day Arrives

Less than a month after the "shocking" election of Donald Trump as US president, the world prepares for another day of political shockwaves, this time out of Europe, when on Sunday all eyes will be on Italy and, to a slightly lesser extent, Austria.

Tomorrow's Vote In Italy Will Be A "Wide-Ranging F**k Off", And It's Just The Start...

"It's crazy. This is the explosion of an era. It's the apocalypse of the media, TV, the big newspapers, the intellectuals, the journalists… This is a wide-ranging F*** off." Italy is the next flashpoint. A “No” vote in Italy is virtually assured at this point. But it won’t be the end of the anti-elite surge. Voters in Europe’s biggest countries could soon throw out their “mainstream” parties in favor of populist and Eurosceptic alternatives...

A Very Concise Explanation Of Why The Democrats Lost (And Will Keep Losing)

"Think of the arrogance of their mindset - vote for our candidate because she is not good, but less bad than the other fellow, and once again you really have no other choice... They blame racism, the Russians, sexism, Bernie bros, hackers, the 'deplorables' in a bit of an ironic twist on the Romney moment, the electoral college, and even the roots of democratic process itself. They and their strategy failed. Spectacularly."

Trump's Appointments - What Do They Mean?

Commentators of all stripes are making a mistake to damn in advance the only government that campaigned on peace with Russia, restoring middle class jobs, and respect for the country’s borders. We should seize on these promises and hold the Trump administration to them.

Did The Market Just Flash A Hindenburg Omen Warning?

Amid the slings and arrows of outrageous fortune in the stock, bond, and commodity markets this week, a few 'rotten' things began to emerge. With major indices diverging notably, new highs and new lows soaring, and breadth deteriorating, analysts noted the re-awakening of The Hindenburg Omen signal...