The word “cake” and all it implies comes up a lot for me lately.
The market rewards corporate profits and investors by letting them “have their cake and eat it too.”
We see the 21st century version of people revolting …
Photo by JR Lancaster
Have the interest rates finally bottomed? If so, will that take the market’s somewhere-over-the-rainbow rally down a dead-end?
After closing last week on new all-time highs, this week begins with TLTs (20+ Year Treasury Bonds) closing …
For roughly a year and a half to describe market conditions, I’ve borrowed and used a concept from two classic TV shows. The Twilight Zone’s Terror at 20,000 Feet and The Simpson’s Terror at 5 ½ Feet. Both episodes depict …
Photo: JR Lancaster
Last night we went paragliding. And we almost got the Dow to launch to 18,000! However, just as the Dow got within 20 points away from altitude, it did what it has done with every attempt to …
Wyoming
Paragliding is a sport in which a wide parachute is attached to a person’s body with a harness. This allows one to glide through the air after jumping from or being lifted to a height.
Might we say the …
We came upon this sight while hiking after some heavy rains in Southern Utah. A captivating paradox where mud looks tasty enough to eat.
After a long weekend and a plethora of articles written with the theme, “What Brexit?”, the …
Mish as Charlie Chaplin Photographed by Kerry Sherck
The film Charlie Chaplin wanted most to be remembered for is “The Gold Rush.” Indeed, last week’s market saw its own version of a gold rush. Cash gold ended above the 200 …
Last weekend’s Daily asked, “But what if there is a man behind the curtain who can make everything all better simply by bringing him the broomstick of the Wicked Witch? What might that look like this week?
We further queried, …
Do You See What I See?
My friend’s garden illustrates the contents of my head concerning the market. Spectacular indeed, with many flowers blooming, some still budding, bees harmoniously feeding and dark clouds forming on the horizon.
Last night we …
It Takes Courage to Believe in Chaos
As I went through the tweets of those I follow before the market opened today, I literally felt like my head could explode. Opinions, opinions, opinions and more opinions. And why not? Everyone’s …
Mish in the Media
View Mish's Media Highlights
New to Mish's Daily?
Discover Mish's Economic Modern Family
Mish's Articles
View Mish's article archive
