Contra Corner Home - David Stockman's Contra Corner

We got a small and unexpected uptick in the number of unemployment insurance claims this week---so naturally the Wall Street gamblers have been piling into the "risk-on" bandwagon. In the great scheme of things with respect to the actual main street...

The stock market has been long drastically over-valued owing to the Fed's chronic money-pumping and price-keeping operations. But since the interim low of October 11, 2022 at 3,588 on the S&P 500 the boys and girls down in the canyons of Wall Street...

In recent days both the Biden and Trump camps have come out with guns blaring against the alleged “spoiler” role of Robert F. Kennedy Jr. This has been highlighted by bombastic attacks on RFK from the Donald himself and by similar barrages from the meat...

It should be evident by now that the “strong” economy of the last several years was nothing of the kind. To the contrary, the Keynesian GDP accounts were actually inflated by deferred spending run-offs that flowed from the utterly abnormal build-up of...