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Image | Dan Ariely: Why Humans Are Hard-Wired To Create Asset Bubbles
Dan Ariely: Why Humans Are Hard-Wired To Create Asset Bubbles
by Adam Taggart

Renown behavioral economist Dan Ariely explain why humans are biologically wired to make irrational decisions when money is involved. It's a case of our evolutionary wiring interfering with the decisions we face in a modern world very different from the one our ancestors adapted to.

In this podcast, Chris and Dan explore the human cognitive triggers that have led us to our third major bubble in 15 years (tech stocks, housing, credit) and why our natural programming often works against our best interests. In certain cases, like the banking sector, bad decision-making has become so ingrained in our institutions that Ariely thinks the "clean slate" approach is our best option should we have the courage to deploy it:
Dan Ariely: Why Humans Are Hard-Wired To Create Asset Bubbles
 by Adam Taggart

Renown behavioral economist Dan Ariely explain why humans are biologically wired to make irrational decisions when money is involved. It's a case of our evolutionary wiring interfering with the decisions we face in a modern world very different from the one our ancestors adapted to.

In this podcast, Chris and Dan explore the human cognitive triggers that have led us to our third major bubble in 15 years (tech stocks, housing, credit) and why our natural programming often works against our best interests. In certain cases, like the banking sector, bad decision-making has become so ingrained in our institutions that Ariely thinks the "clean slate" approach is our best option should we have the courage to deploy it:
Image | Gold and Silver Break Out
Gold and Silver Break Out
 PREVIEW
by Chris Martenson

There’s a change in the air, something is different in the markets these past few days.

Gold is now trading above its 200 day moving average and has broken out of a technically bullish ‘inverted head and shoulders’ formation.
Gold and Silver Break Out
 PREVIEW by Chris Martenson

There’s a change in the air, something is different in the markets these past few days.

Gold is now trading above its 200 day moving average and has broken out of a technically bullish ‘inverted head and shoulders’ formation.
Image | Off The Cuff: The Costs of Unintended Consequences
Off The Cuff: The Costs of Unintended Consequences
 PREVIEW
by Adam Taggart

In this week's Off the Cuff podcast, Chris and Charles discuss:

  • The De-Legitimization of Markets
    • Central planning meddling is killing faith in price discovery
  • Japan As A Petri Dish
    • Will be the first to enter the endgame
  • The Financial Elites Are Taking All The Chips
    • It pays to be rich these days
  • The Costs of Unintended Consequences
    • Central planning always costs more than it's gains

 

 
Off The Cuff: The Costs of Unintended Consequences
 PREVIEW by Adam Taggart

In this week's Off the Cuff podcast, Chris and Charles discuss:

  • The De-Legitimization of Markets
    • Central planning meddling is killing faith in price discovery
  • Japan As A Petri Dish
    • Will be the first to enter the endgame
  • The Financial Elites Are Taking All The Chips
    • It pays to be rich these days
  • The Costs of Unintended Consequences
    • Central planning always costs more than it's gains

 

 
Image | FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses
FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses
by Adam Taggart

Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.

Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.

Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.

So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian?

FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses
 by Adam Taggart

Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.

Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.

Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.

So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian?

Image | You’ve Got No Job!
You’ve Got No Job!
by Adam Taggart

Today, the pundits are a-buzz making sense of the latest lackluster jobs report. Expect much hand-wringing over the impact of the 'polar vortex' and that Punxsutawney Phil saw his shadow.

But most of us care more about the state of one particular job: our own. How relevant is this latest bit of data to that? Not very.

So, to better understand the trends in the work environment most likely impact our own paychecks, it will help to look at another bellwether similar to our fuzzy groundhog friend: AOL.

You’ve Got No Job!
 by Adam Taggart

Today, the pundits are a-buzz making sense of the latest lackluster jobs report. Expect much hand-wringing over the impact of the 'polar vortex' and that Punxsutawney Phil saw his shadow.

But most of us care more about the state of one particular job: our own. How relevant is this latest bit of data to that? Not very.

So, to better understand the trends in the work environment most likely impact our own paychecks, it will help to look at another bellwether similar to our fuzzy groundhog friend: AOL.

Image | Off the Cuff: Down From Here?
Off the Cuff: Down From Here?
 PREVIEW
by Adam Taggart

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

  • Down From Here?
    • Odds are the market top is behind us
  • Lack of Fear
    • Despite the evidence, too much investor optimism remains
  • Why the Fed Cares More About Growth Than Consumers
    • Because the banks can't function without it
  • Europe on the Verge
    • Expect the big players to fail this time
Off the Cuff: Down From Here?
 PREVIEW by Adam Taggart

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

  • Down From Here?
    • Odds are the market top is behind us
  • Lack of Fear
    • Despite the evidence, too much investor optimism remains
  • Why the Fed Cares More About Growth Than Consumers
    • Because the banks can't function without it
  • Europe on the Verge
    • Expect the big players to fail this time
Image | Jim Bruce: The Siren Song of ‘Money For Nothing’
Jim Bruce: The Siren Song of ‘Money For Nothing’
by Adam Taggart

Like many concerned about the growing credit bubble, Jim Bruce did his best to warn family and friends about the looming risks leading up to the 2008 financial crisis. Not many heeded him.

Jim, though, had not only positioned his portfolio defensively for such an event, he also managed to make profits by betting against the stocks in overly leveraged financial institutions. But it's what he did with the money he made that's the interesting story here.
Jim Bruce: The Siren Song of ‘Money For Nothing’
 by Adam Taggart

Like many concerned about the growing credit bubble, Jim Bruce did his best to warn family and friends about the looming risks leading up to the 2008 financial crisis. Not many heeded him.

Jim, though, had not only positioned his portfolio defensively for such an event, he also managed to make profits by betting against the stocks in overly leveraged financial institutions. But it's what he did with the money he made that's the interesting story here.
Image | Off the Cuff: Vicious Volatility
Off the Cuff: Vicious Volatility
 PREVIEW
by Adam Taggart

In this week's Off the Cuff podcast, Chris and Brian Pretti discuss:

  • Emerging Mayhem in Emerging Markets
    • Weakness at the periphery is accelerating
  • Vicious Volatility in the Financial Markets
    • Investors have whiplash from this week's price moves so far
  • The Case for a Big Market Pullback
    • Even the bulls think a correction at this point would be healthy
  • False Safety
    • Treasurys will be a safe place to part capital….until they aren't
Off the Cuff: Vicious Volatility
 PREVIEW by Adam Taggart

In this week's Off the Cuff podcast, Chris and Brian Pretti discuss:

  • Emerging Mayhem in Emerging Markets
    • Weakness at the periphery is accelerating
  • Vicious Volatility in the Financial Markets
    • Investors have whiplash from this week's price moves so far
  • The Case for a Big Market Pullback
    • Even the bulls think a correction at this point would be healthy
  • False Safety
    • Treasurys will be a safe place to part capital….until they aren't
Image | How Things Unravel
How Things Unravel
 PREVIEW
by Chris Martenson

In a recent article, I noted the various signs that things are unraveling at the periphery. In the comments that followed, plenty of people (myself included) expressed the belief that the various Powers That Be are doing everything they can to limit the damage as much as possible.

After a full weekend of burning up the phone lines and the midnight oil, the central banks of the world seemed to have calmed things down a bit by Tuesday (1/28/14), as evidenced by directional reversals in the prices of various currencies, gold, and stocks.  Everything that needed to head back the way it came, from a central banker perspective, was headed back in the "right" direction.
How Things Unravel
 PREVIEW by Chris Martenson

In a recent article, I noted the various signs that things are unraveling at the periphery. In the comments that followed, plenty of people (myself included) expressed the belief that the various Powers That Be are doing everything they can to limit the damage as much as possible.

After a full weekend of burning up the phone lines and the midnight oil, the central banks of the world seemed to have calmed things down a bit by Tuesday (1/28/14), as evidenced by directional reversals in the prices of various currencies, gold, and stocks.  Everything that needed to head back the way it came, from a central banker perspective, was headed back in the "right" direction.
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