Rude Awakening

Is The Fed About To Drop The MOAB On Wall Street?

What all this warrants is extreme caution in Bubbleville. With geopolitical risk flashing bright red, half percent GDP growth, record high equity valuations and a delusional Fed that continues threatening interest rate normalization; the market’s reality check is surely imminent.

Monumental Gridlock Meets Blind Euphoria

"To me, this situation feels like a slow-motion train wreck where all you can do is watch... Washington’s monumental gridlock is on a collision course with investors’ blind euphoria. We’re all on one train or the other. Hold on tight."

If You Think Your Job Is One That Cannot Be Automated, You're In For A Rude Awakening

It is pretty accepted knowledge that a number of lower-skilled jobs will disappear in the coming 5-10 years, due to the human element being replaced by autonomous machines. And if you think your job requires a higher, special element of skill and mental acuity that just cannot be automated, you are probably very mistaken. In fact, there are few (if any) jobs in which a machine would be inferior to a person. And this is not as far out in the future as you may think.

The Coming Bear Market

The bears are dead. Long live the bears. And that, in a nutshell, describes every bubble and emerging bear market there ever was...

Conway Accuses Media Of "Emboldening" Berkeley Protesters

"You have protesters who feel very emboldened.  They’ve got media cameras following them...I don’t even know if they know what they’re protesting. Really, what is it, the free speech? Having someone on your campus who has a dissenting point of view or wants to present an alternative point of view?"

Why Davos CEOs Think They Have Control Over Trump

While President Trump chose not to attend the elite extravaganza in Davos last week, choosing instead to lambast the great-est and good-est of the world's executives in their crony capitalist safe space, the cognitively dissonant CEOs reassured each other by saying 'ignore the tweets', confident that "if [Trump] knows the facts, he’ll respond according to the facts." It depends whose 'facts' those are, of course.