A Reality Check from Kunstler’s ‘Clusterfuck Nation’

Using holiday-limited hours in the index futures Sunday night, DaBoyz brazenly extended Friday’s short-squeeze rally, crushing gold bulls while they were at it. They are being a bit more timid Monday evening ahead of the first full session since last week, but I wouldn’t count on bears to keep their cool, since they remain badly trapped, so far with no pullbacks of any consequence.  Regardless of what stocks do in the days and weeks ahead, click here for the best reality check that I have seen in print recently — from the estimable James Howard Kunstler of Clusterfuck Nation.

  • Benjamin February 15, 2016, 11:03 pm

    Regarding oil prices, I think everyone should read and consider this…

    http://shoebat.com/2016/01/05/90437/

    Saudi agriculture is prety much non-existent, so these low oil prices are not going away until something is done about Saudi Arabia — though by the look of it, the cure promises to give rise to something far worse.