Charles Hugh Smith

Why the Fed Won’t Save the Market

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“Interest rates are so near zero already that a couple of rate cuts will do very little good in the real economy”…

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The Four Dynamics of Bubbles

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Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on. Dear Reader, Financial bubbles manifest three dynamics: The one we’re most familiar with is simple […]

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The Approaching Winter: The Super-Cycle Has Turned

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Winter sets in on the world economy… How would you describe the social mood of the nation and world?…

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