John Rubino
John Rubino Articles
One of the common transitions that bull markets go through as they age and die is a narrowing of leadership. As formerly strong sectors begin to stall out, investors shift into whatever is still looking good -- that is, whatever still has...
Well that didn't take long. Two weeks of falling share prices and the European and Japanese central banks go into full panic mode. The ECB promised new stimulus -- which the markets liked -- and then BoJ upped the ante with negative...
Critics of today's fiat currency/fractional reserve banking world have (for what seems like forever) made the common sense point that when debt rises faster than cash flow, bad things are bound to happen. In every cycle since 1980 this has...
The improbable success of The Big Short, a scathing and hilarious tutorial on making money during a financial crisis, probably has a lot of people thinking that now might be a good time to start betting against the current bubble(s).
On days when lots of financial numbers are released, the normal pattern is for some to point one way and some another, giving everyone a little of what they want and overall presenting a reassuringly muddled picture of the economy.
That didn't take long. A month after the Fed's dreaded quarter-point interest rate hike, the markets tank and then come the talking heads to promise that whatever is bothering traders, Daddy will make it right.
The commodities bust may be about to claim some brand-name victims:
One of the (many) fascinating things about this latest global financial crisis is that there's no single catalyst. Unlike 2008 when the carnage could be traced back to US subprime housing, or 2000 when Tech stocks crashed and pulled down...
Once every decade or so investor credulity reaches a point where even seasoned money managers buy into the notion of "one decision" stocks -- that is, shares of companies so insanely great that they're virtually guaranteed to keep going up...
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green line) turn negative. In the previous two boom/bust cycles, when...
