Wall Street | Astute News

The Fed’s Fiscal Profligacy and Greedy Tech Oligarchs Are Sinking Capitalism Faster Than the Titanic

September 10, 2020

During my 40-year Wall St career, I’ve never seen a mania like this. The problem is that central banks are rogue hedge funds with printing presses who are not elected or accountable and make policies …

The Fed Redefines Inflation Again

August 30, 2020

Opinion

The original definition of inflation was an expansion of the supply of money. If you create more money while keeping everything the same, ceteris paribus, then prices should rise accordingly. This is …

Lockdowns, Coronavirus, and Banks: “Following the Money”. Devastating Economic and Social Impacts

August 22, 2020

Opinion

It usually makes sense to follow the money when seeking understanding of almost any major change. The strategy of following the money in our current convergence of crises in late summer of 2020 leads …

America Without the Sugar Coating: Wishing Ill Will On Our World

June 20, 2020

Opinion

As an American, it’s hard to admit things are not as they seem. Democracy, that ideal we were taught as children to worship, it turns out to be only a fancy idea. Like all the other noble, fancy, idea…

Blame Game, Oil Edition: ETFs, Regulator Failure, Wall Street Fraud or COVID-19?

April 22, 2020

Opinion

The epic 2020 oil crash is the unintended consequence of several factors converging for 30 years: regulatory failure, reckless central-bank money printing, and Wall Street fraud. When central banks na…

COVID-19: Wall Street Wins Again

April 8, 2020

Opinion

To say that these are unprecedented times would be the understatement of the century. Even as the United States became the latest target of Hurricane COVID-19, in “hot spots” around the globe a contin…

Oil Price War and the Audit of Pandemic

April 1, 2020

Opinion

History in truth never repeats, but it very often reverses itself. Crown Prince Mohammed bin Salman bet heavily on repeating history when he tried to bankrupt Russia by opening the gates of unlimited …

The Monetary Abyss Stares Back and Asks Who’s Next?

March 31, 2020

Opinion

We are at a critical moment in the history of politics and markets. Everyday the U.S. government stares into the fiscal and monetary abyss and chucks trillions in hoping that will be enough to finally…