It Was the Best of Quarters, It Was the Worst of Quarters – Literally

The Nasdaq Composite closed the worst GDP quarter in modern history up 31%, which is the second-highest quarterly gain ever. And, oh, the highest ever gain was 35% in, well, the first quarter of 2000. There are some who actually recall what happened next: a 70% crash by October 2002. Of course, the Nasdaq’s all-time closing […]

You need to login to view this content. David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself. David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly. This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life. SUBSRIBE NOW | SUBSCRIBE NOW