Mish Shedlock

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

• This Smells A Lot Like 2000
  • Valuations are running purely on hype & wishful thining
• Netflix & Tesla
  • Case studies that prove the point
• Sell Everything!
  • Stocks, bonds, real estate — it's all getting sold right now
• The Manipulators Are Getting Desperate
  • From overnight futures to cryptos, the hands of the manipulators are increasingly visible

It's feeling a lot like 2000 these days agree Chris and Mish. Valuations are based on a wing and prayer, with huge leaps of faith required to believe in the 'story stocks' left propping up the markets. It smacks of the dot-com bubble's insistence that profitability doesn't matter as long as you have "eyeballs".

They also agree it's worth noting that the sudden market weakness appears across all major asset classes, something rarely seen outside of a prelude to a market correction and/or entry into recession.

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

• The Visible Hand Of The Market Manipulators
  • Volatility is (once again) being intentionally throttled
• Why Italy Matters
  • It has the size and will to destabilize the EU
• Weakness In The EU Goes Beyond Italy
  • The banks, especially Deutche Bank, are in trouble
• Can Anyone 'Win' A Trade War?
  • It's debatable. What's not is that everyone gets bloodied.

Chris and Mish address the latest "rescue" of the markets since Italy briefly threatened to destabilize Europe. So, the intervention of the past 8 years is still in play, but for how much longer? With the central banks starting in earnest to shrink their balance sheets (or at least taper their purchasing), these market "saves" will be less possible going forward. Mish, in particular, expects gold to reflect that heightened risk in the coming future.

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

• Are We On Our Way To Tipping Into Deflation?
  • We will be if we have another credit crisis
• We're At Record Levels Of Indebtedness
  • So deflation would be painfully brutal
• Trumps Trade Wars Will Hasten A Deflationary Bust
  • Economic growth will be even harder to achieve
• It's Time To Own Real Things
  • Commodities are looking better and better

Recorded last week, Mike Shedlock explains why he sees an inevitable — and painful — deflationary rout ahead for world financial markets…

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

• Remember Volatility? It's Baack…
  • And a tremendous amount of losses may follow soon
• Rising Interest Rates
  • The long party of cheap credit is ending fast
• The Middle Class Is Becoming The Working Poor
  • Fewer and fewer are able to save for the future
• Unpacking The State Of The Union
  • One key question: "Where's all that money going to come from?"

Suddenly, volatility is rearing it's snarling head everywhere. The US dollar has plunged. Interest rates are marching higher than they have in many years. Cryptocurrency prices have been more than cut in half from their early January highs. Now, even stocks are beginning to wobble…

For years now, one of the most crowded and "easy" trades for making profit has been to short volatility. Trillions are still in play on that bet. With volatility now rising, that bet increasingly risks suddenly becoming a bad one — which would unleash a tremendous volume of losses across the financial markets.

As Mish warns…