Author: Charles Hugh Smith

Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus…

The consensus is that asset inflation is unstoppable and forever. History begs to differ. Not unsurprisingly,…

Yet it still comes as a great surprise to everyone when 'doing more of what's failed…

If you don't discern any of these dynamics in the present, what are you choosing not…

If we have indeed begun a sustained "reversal of fortune", it might be prudent to consider…

All the tricks to hide our unaffordable cost structure have reached marginal returns. Reality is about…