This is not the story of the three little bears. This is the story of a stock market crash, the like of which has been far worse than anything seen since 1929-1932. The generally accepted definition about bear markets is that the stock market has to...

This post is intended to honor and to thank Yves Smith, author of the eminent and highly-esteemed financial blog www.NakedCapitalism.com. On behalf of Yves readership, we all owe you an immense debt of gratitude, Yves. Your relentless chronicling of...

In last nights report on the forces that will be driving 10 year treasury yields towards 2.5% , I discussed the ramifications of the Feds new ZIRP policy introduced by Janet Yellen last night to guard against the kind of weakness that Japan has...

Longtime readers know that investor and consumer confidence tends to swoon together. That is equities sell off into Consumer Confidence (CC) reports and then rally once the selling pressure from the low Consumer Confidence number wears off. This last...

This post is intended to honor and to thank Yves Smith, author of the eminent and highly-esteemed financial blog www.NakedCapitalism.com. On behalf of Yves readership, we all owe you an immense debt of gratitude, Yves. Your relentless chronicling of...