Rick Ackerman
Rick Ackerman Articles
The Biden Administration can count on Wall Street to celebrate meaningless economic data and bogus GDP growth with steep rallies, even as the visible economy continues to implode.
Microsoft’s bullish rampage last week added to already strong evidence that the stock market is headed to new records highs. The shares of the software leviathan’s shares not only jackhammered through granite resistance in the form of the...
Yeah, right. A headline here just two weeks ago implied that stocks were about to go bananas: Why a Permabear Is Certain We're Going Much Higher. Hubris aside, this was based on the very bullish chart of just one stock, Chipotle (CMG). It...
Lately, I have been telling the story of my experience leading up to the all-time high in long-term Treasury bond rates that occurred in late 1981. I was kind of a rookie, having started at Merrill Lynch in late 1977 (at age 22). 30-year...
Like many of my subscribers, I have been waiting for the stock market to crash so that sanity might have a chance to recover its footing in the investment world. Permabears can always come up with good reasons to explain why a crash is...
Readers will be pleased to hear that Alissa Heinerscheid, the Anheuser-Busch marketing whiz responsible for featuring Dylan Mulvaney’s unwholesome mug on cans of Bud Light, appears to have lost her job.
The toppy look of Anheuser-Busch’s stock chart (above) implies that the company is at least somewhat likely to lose sales because of its attempt to shove the wretchedly unlovely Dylan Mulvaney down our throats.
Well, they finally indicted the proverbial ham sandwich last week, adding to our long list of worries that the world really is falling apart. It’s as good a time as any to trot out William Butler Yeats’ The Second Coming as a reminder of...
When I refer to Fed chairman Powell or to the Fed governors, collectively, as morons, I’m not suggesting that readers take this characterization literally. Indeed, most of them have IQs that are probably twice the 51-70 range that would...
To pivot, or not to pivot? That is the question Fed Chairman Powell will have pondered over the weekend while tending chicken breasts, franks and burgers spaced meticulously on the grating of a 148,000 BTU grill.
