Finally someone tells these college bubble heads to put up or shut up: I’d like to take this opportunity to triple-dog-dare Peter Thiel For years, the left has insisted that college, like the stock market and housing, is a giant bubble that is on the verge of popping. Like many predictions of doom and collapse,… Continue reading Why There is No College Bubble

As anyone who reads this blog knows, I’m emphatically bullish about America, its economy, and the stock market. To bet against America means betting against the best and brightest individuals that comprise it. It means betting against Web 2.0, high-IQ people, MIT & Caltech, competent policy makers, the tireless consumer, exports, favorable demographic shifts, and… Continue reading Countering Bearish Arguments

Why the US economy is doing great: GDP growth back to 90’s and 00’s rate record high exports record high consumer spending record consumer credit record profits and earnings stringent lending standards and less borrowing for home ownership: fed never raising interest rates again (or at least not for a loooong time) flat wage growth… Continue reading Why the US Economy is Doing Great or Bad (depending on how you look at it)

In the span of just two days, the S&P 500 has gained a staggering 4% – the largest 2-day gain since 2011. Regarding the fundamentals of the US economy, between 2009 and now nothing has changed except higher stock prices and fatter earnings: interest rates still never going up again and consumer spending can’t be… Continue reading Stocks Rocket Higher; Biological Determinism Bull Market Can’t Be Stopped

One of the big stories making the rounds is that ‘trading prodigy’ Mohammad Islam is merely a paper trader and not a multi-millionaire. I concede to falling for the story because the alleged returns as purported by Mohammad, while highly improbable, are not – based on my knowledge of the market and trading – impossible.… Continue reading What the Mohammad Islam Hoax Says About Trading and Liberalism

This plea to the fed to end QE is so stupid it necessitates a response: Peter Boockvar: Dear Federal Reserve He writes: The path ahead will be disruptive but that can no longer be avoided as 6 years of ZIRP and a 5 fold increase in your balance sheet has already way overstayed its welcome.… Continue reading Peter Boockvar Writes the Stupidest Article Ever?

Believe it or not, one need not be a liberal to be a supporter the unpopular but necessary bailouts. Republicans voted 133–65 in favor of the bailouts, although no one wants anything to to with it anymore due to the overwhelming unpopularity of the program despite its great success. The problem has always been liberalism… Continue reading In Defense of the 2008 Bank Bailouts, Again

We’re still in the eye of the slowest news cycle in history. From Rolling Stone to Cosby, there are plenty of stories about rape, but those are more like tabloid stories than news. Most people – including many on Reddit and 4chan – know the accusers are lying, which is why these alleged ‘victims’ (or… Continue reading There’s Plenty of Room at the Bottom

With the exception of homosexuality, many on the left adopt a ‘blank slate’ approach to human biology in that upon conception, all individuals have the same potential and that socioeconomic outcomes and cognitive ability are influenced heavily by environmental factors. Therefore, it’s the job of a paternalistic society to ‘program’ these ‘blank slates’ in much… Continue reading Beyond the Blank Slate: How Libs Turn High-IQ Into a Handicap