Meltdown

Three Fast Facts About Slow Markets

US equity markets at the moment are distinctly strange, given that track record.  There have only been 3 days in 2017 with +1% moves: March 1st (+1.4%), March 21st (-1.2%), and March 24th (+1.1%).  We are 87 trading days into the year, so we should have seen 19 days with a +1% move.  Instead, we have three.

When Might The Pillaging End?

When the present debt bubble eventually pops, “governments will lose the economic power to continue their advance against economic freedom.”  Unlike the Depression of the 1930s, the country will not be the largely agrarian, highly-productive country of (generally) hard-working people. It will be a society of entitlement-conscious people, who will fail to rise to the occasion.

Doug Casey On The Plague Of Cultural Marxists

"Economic Marxism was intellectually debunked decades ago. With the collapse of the USSR, and radical changes in China, the man in the street became aware that the “intellectuals” were fools. And that is reinforced by the ongoing disasters in Cuba, North Korea, and Venezuela. So, since they recognize that there’s nothing to steal if they implement Marxian economic policies, most “intellectuals” no longer talk about them...Cultural Marxism, however, is just as destructive."

Doug Casey On The End Of Western Civilization

"Many of the words you hear, especially from the media, are confused, conflated, or completely misused; and this is corrupting the language. As George Orwell liked to point out, to control language is to control thought. The corruption of language is adding to the corruption of civilization itself. This is not a trivial factor in the degradation of Western Civilization."

"Someone Is Blowing Up": RBC Warns China-Induced Unwinds Are Escalating

"Something is off the past few weeks...  somebody’s ‘mean-reversion’ strategy (likely a stat arb / quant fund) has triggered ‘stop outs’ as the underlying commodities space now ‘catches down’ to the behavior already exhibited across the energy equities space throughout the course of 2017."