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Charles Hugh Smith

A Vaccine May Not Be the "Magical Cure" Everyone Anticipates

Posted by on Sunday, August 2nd, 2020 in Of Two Minds

Few appear willing to follow the probabilities of a future in which a vaccine cannot possibly be the "magic cure" everyone wants.L...

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Memo from Insiders: Dear Bagholders, Thanks for Buying Our Shares at the Top

Posted by on Friday, July 31st, 2020 in Of Two Minds

The self-sustaining recovery is a fantasy that's evaporated.What looks like a powerful, can't-lose rally to newbies is recognized ...

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The Next Leg Down: The Top 10% Are About to Take a Hit

Posted by on Thursday, July 30th, 2020 in Of Two Minds

No federal bailout or stimulus can reverse these three dynamics, and no amount of legerdemain can replace the spending of the top ...

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Our Slide into Social Psychosis and Breakdown

Posted by on Wednesday, July 29th, 2020 in Of Two Minds

Not only is our lifestyle on back-order, so is our sanity.Yesterday I mentioned our collective inability to make sense of the cont...

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The Nation Is Falling Into the Abyss Between Wall Street and Main Street

Posted by on Tuesday, July 28th, 2020 in Of Two Minds

The abyss between the Fed's illusion of phantom wealth for Wall Street and the collapse of Main Street is bottomless, and our desc...

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Why Does It Feel Like We’re in "Life During Wartime"?

Posted by on Sunday, July 26th, 2020 in Of Two Minds

The laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life in the decayi...

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