Bill Bonner

POITOU, FRANCE – Whoa! What’s this? The Dow popped up nearly 400 points last Thursday. On Friday just 4% off its all-time high of 26,616, reached on January 26 of this year. And you know what that means. Markets are…

POITOU, FRANCE – Coming into focus is a fuller picture of the worldwide financial crisis. This week, we began looking at Turkey, but only because Donald Trump sent an extraordinary tweet last Friday. In it, the president broke with tradition…

[Editor’s note: because Bill is usually writing from the US, we don’t publish his copy until the day after he’s written it. So if you’re a bit confused as to why he’s predicting events that have already happened, that’s why.]…

POITOU, FRANCE – We led off yesterday with the Turkey story… …and Friday’s tweet from Donald J. Trump: I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira,…

POITOU, FRANCE – “Do you follow what is going on in Turkey? That guy is a real moron…” Thus began a conversation at a party we attended Sunday night. Reuters provided some background: The Turkish lira has long been falling…

POITOU, FRANCE – Here at the Diary, we walk on the sunny side of the street, even at night. So today, we look at the bright side of bad news.

POITOU, FRANCE – The delusional, rock ’em-sock ’em, baroque news just keeps coming. We laugh readily; but even we are having a hard time keeping up. American Grifters Forbes claims that our Secretary of Commerce, Wilbur Ross, may be “one…

POITOU, FRANCE – In a weekend tweet, the president of the United States of America made a stock market forecast. He said that prices will go up “dramatically” as he brings his Art of the Deal methods to international trade…