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“It’s A Disgrace” – Trump Threatens To Remove Calfornia ICE Officers From Law-Breaking Sanctuary State

Law-abiding California citizens may well face a real-life “purge” if President Trump’s disgust with the Sanctuary State’s liberal leaders is acted upon. The Hill reports that President Trump said Thursday that he was thinking of pulling federal immigration enforcement officers from California over the state’s sanctuary policies. “Frankly it’s a disgrace, the sanctuary city situation,” […]


David Stockman: “This Time Is Completely Different…But Not In A Good Way”

Authored by David Stockman via Contra Corner blog, If you don’t think the stock market is a giant accident waiting to happen, just consider the two most crucial developments—-soaring stocks and soaring deficits— since November 7, 2016. First, on the lunacy side of the equation, the S&P 500 was up 35% at its 2873 peak on January 26, and now the dip-buyers, […]


“Burn Her”, “Murderer”: Angry Crowd Lashes Out At NRA’s Dana Loesch

During last night’s “unscripted” CNN Town Hall on gun control, NRA spokeswoman Dana Loesch was given the courtesy of expressing her opinion in the spirit of mutual respect. Well, almost. During a question by Stoneman Douglas student Emma Gonzalez, the attendees screamed and heckled her, calling Loesch “a murderer,” as CNN moderator Jake Tapper kept quiet. […]


Was This ‘Macro’ Hedge Fund The Catalyst For The Crash… Again?

Almost exactly a year ago, we solved what at the time was a mysterious meltup in stocks (S&P rose over 6% from mid-Jan while bonds and the dollar did practically nothing). It was the slow-at-first-then-all-of-a-sudden collapse of a little-known, multi-billion-dollar futures fund whose apparent specialty was ‘picking up nickels in front of steam-rollers’ by selling […]


Deficits Do Matter

Authored by Michael Lebowitz via RealInvestmentAdvice.com, The Federal Reserve (Fed) has increased the Fed Funds rate by 125 basis points or 1.25% since 2015, which had little effect on bonds until recently. Of late, however, yields on longer-maturity bonds have begun to rise, contributing to anxiety in the equity markets. The current narrative from Wall […]


Local Police Let Florida Shooter Off The Hook When He Said He Was “Going To Get His Gun”

CNN’s FOIA of Broward County 911 records has produced a steady stream of scoops about Parkland, Fla. school shooter Nikolas Cruz fleshing out much of what is publicly known about Cruz’s background and the various reports made warning the FBI and other authorities about his threatening behavior. The report draws on one specific incident that […]


Bubbles Everywhere…

Via AdventuresInCapitalism.com, About a year ago, I read The Great Beanie Baby Bubble by Zac Bissonnette. It details how basic human greed, an artificial sense of scarcity and newly created technology like eBay, were used to artificially inflate re-sale prices and convince otherwise intelligent humans to sink their life savings into plush toys that were […]