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Author: Charles Hugh Smith

Of Two Minds

The Fed’s Moral Hazard Monster Is About to Lay Waste to "Wealth"

If the Fed set out to destroy the financial system, they're very close to finishing the…

Charles Hugh SmithNovember 19, 2021November 22, 2021
Of Two Minds

Top 1% Gains More Wealth Than the Combined GDPs of Japan, Germany, UK, France, India and Italy, Bottom 50%–You Get Nothing

Given that political power in America is a pay-to-play auction in which the highest bidder wins,…

Charles Hugh SmithNovember 17, 2021November 18, 2021
Of Two Minds

Paging Isaac Newton: Time to Buy the Top of This Bubble

Despite Newton's tremendous intelligence and experience, he fell victim to the bubble along with the vast…

Charles Hugh SmithNovember 15, 2021November 16, 2021
Of Two Minds

Look Out Below: Why a Rug-Pull Flash Crash Makes Perfect Sense

It makes perfect financial sense to crash the market and no sense to reward the retail…

Charles Hugh SmithNovember 12, 2021November 15, 2021
Of Two Minds

The Contrarian Trade of the Decade: The Dollar Refuses to Die

Which is more valuable: Wall Street's debt/asset bubbles or the global empire? You can't have both,…

Charles Hugh SmithNovember 10, 2021November 12, 2021
Of Two Minds

Eight Reasons Scarcities Will Increase Rather Than Evaporate

Who knew it would be so easy? All we have to do is collect urine and…

Charles Hugh SmithNovember 8, 2021November 9, 2021

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