Monday , October 22 2018
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David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

David Stockman’s Contra Corner

Reports Say MBS Rang-Up Khashoggi At The Consulate: You’re Coming Back—Dead Later Or Dead Now

"Khashoggi was detained by the Saudi team inside the consulate building. Then Prince Mohammed contacted Khashoggi by phone and tried to convince him to return to Riyadh," the report said. "Khashoggi refused Prince Mohammed's offer out of fear he would be arrested and killed if he returned. The assassination team then killed Khashoggi after the conversation ended," it added....

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Oval Office Prisoner—The Depredations Of Trump’s Horrible National Security Team

After all, from National Security Advisor John Bolton (the invasion of Iraq) and Secretary of State Mike Pompeo (a longtime regime-change advocate) to CIA Director Gina Haspel (black sites and torture), Secretary of Defense James “Mad Dog” Mattis (former Marine general and CENTCOM commander), and White House Chief of Staff John Kelly (former Marine general and a commander in...

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It’s The Dollar, Stupid! The Shortage Is Here, The Crunch Is Coming

Another week and another signal flashing red to deal with. . . The credit market – in my opinion – is indicating an inevitable ‘crunch’ coming up. And even worse – we’re seeing the global dollar shortage deepening.  Many readers know I haven’t exactly been shy about focusing on this dollar shortage problem all year – you can read more here, and here. Personally – I think this...

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The Approaching Reality: When Dip Buyers Become Bag Holders

Remember in days of yore (i.e., about a month or so ago) when regardless the ticker symbol of a stock, ETF, Index, Crypto, __________(fill in the blank) there was no better investment strategy than to just BTFD? (buy the f’n dip) How’s that all working out these days? It would appear that once coveted “set it and forget it” type of mentality, as to buy any type of weakness, has...

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Now Comes The Real Disgusting Part—-Turning Khashoggi’s Pieces And Parts Into Cash

Erdogan has got the Saudis over a barrel and he’ll squeeze everything he can out of them.......The hazard of writing about the Saudis’ absurd gyrations as they seek to avoid blame for the murder of the late, not notably great journalist and Muslim Brotherhood activist Jamal Khashoggi is that by the time a sentence is finished, the landscape may have changed again.....Turkish...

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Titans Of Junk And The $1.2 Trillion M&A Binge On Cheap Debt

Call them the titans of junk. They’re the headliners in a decade-long, $11 trillion corporate borrowing frenzy, fueled by central banks that flooded the global financial system with ultra-cheap money. Investors have been lending to virtually anyone willing to pay a decent yield. But now the easy money is coming to an end. Policy makers, after driving interest rates to...

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