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Stockman Slams “Bubble Finance And The Era of No-See-Um Recessions”

Authored by David Stockman via Contra Corner blog, Today's single most dangerous Wall Street meme is that there is no risk of a stock market crash because there is no recession in sight. But that proposition is dead wrong because it's a relic of your grandfather's economy. That is, a reasonably functioning capitalist order in which the […]


Frontrunning: November 29

North Korea Missile Launch Shows Ability to Reach D.C. (WSJ) Senate Republicans shove tax bill ahead as Democrats fume (Reuters) British negotiators still working on Brexit deal: Treasury minister (Reuters) Trump Retweets Anti-Muslim Videos From Far-Right U.K. Group (BBG) Bitcoin Futures Provoke Pushback From Market Cops (BBG) Saudis Free Detainees in Sign of Resolutions in […]