Corporate America

Welcome To Donald Trump's Very Own Big, Fat, Ugly Bubble

"...the Fed is only now beginning to apprehend the train-wreck that lies dead ahead (the June FOMC minutes were grasping for something dimly worrisome)... The Donald now owns the Bubble and has left his Presidency and the American economy squarely in harms’ way..."

Angst In America - Turning Today's Millennials Into Tomorrow's Debt Serfs

"Being young and having no job remains stubbornly common... Like medieval serfs in pre-industrial Europe, America’s new generation, particularly in its alpha cities, seems increasingly destined to spend their lives paying off their overlords, and having little to show for it. "

The Elites Have Destroyed The Status Quo's Ability To Self-Correct

Systems that lose their ability to self-correct collapse. The self-serving elites and fiefdoms that have crippled the system's feedback mechanisms to protect their power, wealth and income think they're "winning" by imposing a new neofeudal order. But all they're really doing is ensuring the demise of the entire system.

Seven Charts For Bullish Investors To Ignore

Wall Street still exudes widespread optimism that 2017 will provide another year of solid gains for stocks amid stable albeit unspectacular economic growth and only gentle interest rate rises. However, as The FT details, all is not well in reality, and the following seven charts will hearten investors of a more bearish persuasion...

"No One Knows How This Is Going To Work" Trader Warns

"With all due respect to everyone with an opinion on this subject, no one knows how this is going to work in practice, let alone what it will do to markets.. If stability of financial conditions is the unofficial third mandate then buckle up."

Second Foundation: Empire Crumbling

Unusually gifted individuals come along once in a lifetime to disrupt the plans of the existing social order. Despite the forlorn hope Donald Trump or some other savior can reverse our course, decades of missteps, dreadful decisions, ineffectual leadership, and unconcealed treachery have paved a path to destruction for the American Empire.