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Author: Charles Hugh Smith

Of Two Minds

What If All the Conventional Models Fail to Predict What Happens Next?

The 'novel, apocalyptic situation which has now arisen' goes largely unrecognized.

Charles Hugh SmithSeptember 2, 2024September 3, 2024
Of Two Minds

The La-La-Land Fairy Tale of a "Soft Landing"

When everyone finally leaves the La-La-Land casino and abandons the fairy tale, household wealth held in…

Charles Hugh SmithAugust 29, 2024August 29, 2024
Of Two Minds

Success Is a Trap

Rather than glory in success, we are better served by being extremely wary of success.

Charles Hugh SmithAugust 27, 2024August 29, 2024
Of Two Minds

We’ve Left the Bottom 60% in the Dust, but Never Mind: S&P500 to 6000!

So here we are, with a handful of winners declaring the system is working great and…

Charles Hugh SmithAugust 25, 2024August 26, 2024
Of Two Minds

The Social Recession Is Accelerating

Did wages rise 10-fold to match the 10-fold rise in the cost of a modest house?…

Charles Hugh SmithAugust 23, 2024August 26, 2024
Of Two Minds

Who Wins and Who Loses When the Housing Bubble Pops?

This time around, the Fed may not be able to "save" the bubble from a complete…

Charles Hugh SmithAugust 21, 2024August 22, 2024

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