It is the 19th of October 2017

News

Which American Cities Will File Bankruptcy Next?

We harp on the massive, unsustainable, yet largely unnoticed, debt burdens of American cities, counties and states fairly regularly because, well, it's a frightening issue if you spend just a little time to understand the math and ultimate consequences.  Here is some of our recent posts on the topic:

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WTI/RBOB Extend Losses After Another Big Gasoline Inventory Build

WTI and RBOB have trended lower since last week's inventory data hit and today's API inventory prints (showing a decent crude draw but a relatively large gasoline build - biggest since January compared to DOE data) sparked some more weakness in both oil and gasoline prices.

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Venezuela's Grim Reaper: A Current Inflation Measurement

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

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Hussman Eyes The Market's "Remarkable Moment Of Blissful Delusion"

"The present moment of blissful delusion is remarkable to witness. Take it in..." says John Hussman of Hussman Funds.

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