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Author: Charles Hugh Smith

Of Two Minds

Prepare to Be Bled Dry by a Decade of Stagflation

Our reliance on the endless expansion of credit, leverage and credit-asset bubbles will have its own…

Charles Hugh SmithFebruary 6, 2023February 9, 2023
Of Two Minds

Seven Points on Investing in Treacherous Waters

What's truly valuable has no price and cannot be bought. If all investments are being cast…

Charles Hugh SmithFebruary 3, 2023February 6, 2023
Of Two Minds

What Goes Up Also Comes Down: The Heavy Hand of Bubble Symmetry

Should bubble symmetry play out in the S&P 500, we can anticipate a steep 45% drop…

Charles Hugh SmithJanuary 31, 2023February 1, 2023
Of Two Minds

Here’s How "Prosperity" Ends: Global Bubbles Are Popping

So here we are: the global credit-asset bubbles are popping, and the illusory "prosperity" generated by…

Charles Hugh SmithJanuary 29, 2023February 1, 2023
Of Two Minds

Heretical Thoughts on Orthodoxies

Heresy evolves, orthodoxy cannot. Plan accordingly. Orthodoxies offer the comforting illusion of solidarity. But in what…

Charles Hugh SmithJanuary 27, 2023January 27, 2023
Of Two Minds

The Race to the Bottom Accelerates

When competence, transparency and accountability are all punished, the Race to the Bottom accelerates. Race to…

Charles Hugh SmithJanuary 26, 2023January 26, 2023

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