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Trump Bear Timing

Reflection on US Meddling in Iran

Mortgage Delinquencies

Hedgeye Cartoon

Bitcoin - Two Parts


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Hussman on Valuation - Three Parts

Reflections on Central Bank Sponsored Debt

Plenty here to think about and discuss. My favorite in the group is from Daniel Lacalle.

Central banks have blown yet another bubble. Nearly everyone gives Janet Yellen high marks for "steering" the economy after the great recession.

Unfortunately, she steered the economy to the edge of a cliff. In reality, the economy cannot be steered like a truck, and it is foolish to try.

Mike "Mish" Shedlock