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It’s a Math Thing. How Ex-Items Accounting & Stock Buy-Backs Prove Over-Valuation in the S&P

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U.S. Bonds

It’s a Math Thing. How Ex-Items Accounting & Stock Buy-Backs Prove Over-Valuation in the S&P

Ridiculous. Accounting is pretty boring. And these markets are exciting. Yet if we overlap the boring with the exciting, we

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U.S. Bonds

Looking at EVERYTHING—Preparing for Historical Market Risk

Market risk takes many forms, from stocks and bonds to politics, currencies and social fracturing. Below, we pause to look

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real financial advice

Nothing is Real: A Pictorial Journey of Economic Distortion

Economic Distortion 101: When it comes to modern markets, risk assets and the now normalized yet twisted tango of fiscal

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real financial advice

How Apple’s Stock Explains Everything

In this critical report, we examine how a Apple’s stock can rise in price despite declining revenues, profits and free-cash-flow.

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Market Chart

The One Market Chart that Explains Everything

  Below, we look at the one market chart that explains everything. I ask that you read this lengthy piece

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The Big Lie—“Booming” Wall Street Profits and Earnings…

  Below, we look at GAAP vs Ex-Items accounting as well as the math behind Wall Street profits and earnings

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U.S. Bonds

The USD Approaching a Waterloo Moment

The USD–Doomed Below we examine the USD and the historical interplay of losing wars, cornered egos, a doomed currency and

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U.S. Bonds

Embarrassing Debt: Are Markets Doomed?

Below we look at the interplay of embarrassing debt, dying currencies and failed monetary fantasies masquerading as policies to suggest

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U.S. Bonds

Bond Destruction + CPI Fiction = Market Confusion

Below we look more bond destruction in the public markets and more CPI truth destruction in the war on inflation.

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U.S. Bonds

Global Bond Markets : Neon-Flashing Warning Signs

The slow but steady implosion of global bond markets is no longer a debate but fact. Knowing this, investors can

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