Search Results for: The New Economy

The New Economy

In 1999, I called one of my professors from graduate school who taught monetary theory.  Let’s call him Joe. Here’s a short summary of the conversation: Me:  Professor Joe,  can you believe how big this stock market bubble has grown? … Continue reading

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COTD: China’s New Economy

Source:  FT But slow transformation overall……. (COTD = Chart of the Day)

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ECB cuts rates to buoy eurozone economy – EuroNews

(click here if video is not observable)

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The COVID Economy In Suspended Animation

Summary The U.S. economy is not real and in a current state of “suspended animation” The COVID rescue package has introduced significant distortions into the economy The “Corona Capitalists,” some very well capitalized and liquid corporations, have accounted for a … Continue reading

Posted in Economics, Equities, Geopolitical, Politics, Uncategorized | Tagged , , , | 20 Comments

Statista’s New Chart Looks Familiar

It makes us a little nervous when we see our ideas, opinions, and charts starting to be adopted as conventional wisdom. A New Bull Market…In Bullshit Though the cheerleaders are still preaching a new bull market, the only new bull … Continue reading

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America’s Reality Show Gets Real: The Moment I Knew America Was In Trouble

Summary  The U.S. stock market is the most overvalued in history using our valuation metric of stock market capitalization-to-GDP The U.S. has failed to address four major issues, which have now passed their tipping points and has destabilized the American … Continue reading

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Manufacturing Sector Contraction Continues, Led By New Orders – ISM

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November, and … Continue reading

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Bid Adieu To The Ownership Economy – Auto Subscriptions?

Wow, now this!   Car subscriptions?  The end of auto dealerships? Recurring revenue is the new gold.   Microsoft was a wet dawg for years until it moved Windows Office to a monthly subscription basis, which locks in users to a monthly … Continue reading

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Be Skeptics Of Macro Data In The Two-Speed Economy

Dig deeper, folks. Our good friend, David Jones, sent the following IBD piece over this evening. If you been following GMM over the past week, you know we are knee-deep in the Federal Reserve’s distribution of wealth data (see our … Continue reading

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Now For Some Good News On Trade

WASHINGTON — Amid President Donald Trump’s trade war with China, nearly two-thirds of Americans say they support free trade with foreign countries, according to the latest national poll from NBC News and the Wall Street Journal. That represents a new high in the NBC/WSJ survey … Continue reading

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