Money for Nothing Ain’t Working

The financial press gummed gravely about the 266,000 jobs print for April, noting that it’s the worst “miss” since 1998, given that more than 1.0 million new jobs were expected. Well, here’s a news flash: Not only are these jobs simply born-again positions that were lost during the COVID lockdown, not new jobs, but where […]

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