B.S.

Weekend Reading: Charged With Obstruction

No! I am not talking about President Trump but rather the crash in both Technology stocks, and Oil prices, which are obstructing the continuation of the “bull market.”

"We Call Bullshit On The 'Bots Again!"

"We’ll admit maybe some bad trading on our part - leaving a stop hanging out there before a data release - but this is TOTAL BULL SHIT... Where in the hell is the CFTC and SEC?"

Shiller's CAPE – Is There A Better Measure?

Currently, valuation measures are clearly warning the future market returns are going to be substantially lower than they have been over the past eight years. Therefore, if you are expecting the markets to crank out 10% annualized returns over the next 10 years for you to meet your retirement goals, it is likely that you are going to be very disappointed.

The Cultural Purge Will Not Be Televised

"The idea that free speech has its limits somewhere around the point where it hurts somebody’s feelings is beyond idiotic and dangerous...Do you really want to live in a world where people sever business and personal relationships because a literal flash mob demands it? Where mobs get to pick and choose who you are allowed to associate with?"

Blind Faith Everywhere

Beware of academics bearing models. Knowing prices are wrong and knowing when they are going to correct are two very different things - being able to survive until and through the correction is vital.

Meet America's New Acting Chief Law Enforcement Officer

With Trump having relieved acting Attorney General Sally Yates of duty for her "betrayal" of the Department of Justice, and with the next AG Sen. Jeff Sessions pending confirmation, meet the new - interim - chief law enforcement officer of the United States: Dana Boente.