List of 24 Points Pressing Hard toward Recession

Posted April 19, 2019 By David Haggith

The US stock market is slightly overbought (which is not a positive in terms of head room for more of a rally). It’s massively built up on debt that is now more expensive to maintain and/or obtain. The Fed is still rapidly tightening money supply and says it will continue to do so for several […]

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Yes, this is as far as they got, as far as true normalization ever will go. Central banks are more done than you might imagine they would ever admit! Yet, admit they do … in a major way. Powell gave big hints in his latest speech of what the “new normal” will have to be. […]

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Protected: Teasing out the Fed’s Big Plan for our Future

Posted April 12, 2019 By David Haggith
This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code. See Copyright.

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Tick, Tick, Talk, 2019 Recession Coming

Posted April 5, 2019 By David Haggith
2019 recession coming - dust bowl photo

The 2018 stock market crash is now a fait accompli, having taken a polar bear plunge that put ice in the veins of the Fed and electrified their collective spine with such a deep chill they ran like a fat walrus from the bear market to halt their long-nurtured plans of economic tightening. With that […]

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One Big Tip for Huge Economic Growth

Posted April 3, 2019 By David Haggith

The Fed’s surprise pivot away from any interest rate increases this year has boosted prices of stocks, high yield bonds and other risky assets in spite of nagging investor concerns about slowing global economic growth….. The quandary for the Fed is that easy monetary policy seems more effective in spurring asset values than it does in boosting […]

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The Two Stooges of Finance: Larry and Moore

Posted April 1, 2019 By David Haggith
Larry Kudlow by Gage Skidmore [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Laughable Larry Kudlow, as high priest of the Laffer Curve, has long been servant of “King Dollar,” as Larry has often reverently referred to US currency. The Laffer Curve is the central creed of trickle-down economics. It’s a bell-curve that demonstrates how lowering tax rates actually increases tax revenue to a certain point by stimulating […]

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By 95 b-body ss [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons

For brick and mortar stores, the Retail Apocalypse is closing stores down like a slow-motion video of the asteroid event that took out dinosaurs 66 million years ago. While it may seem to drag on as we watch various species of retail collapse, I originally said this event would take, at least, three years (through […]

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Federalreserve [Public domain], via Wikimedia Commons

Two of my biggest and longest-term predictions for 2018 and 2019 proved resoundingly true this week, and my sole prediction for this year — a prediction of recession bolder than anyone else’s — moved a big step closer to coming true. Prediction #1: The Fed will prove to have no exit plan from its recovery […]

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In my last article, I argued that Socialism is “The Price Capitalism Pays When Greed Goes Unrestrained.” Unrestrained and highly rewarded greed in the US is fueling a revolution by conservatives and liberals with liberals stampeding toward Socialism as their answer under the auspices of Alexandria Ocasio-Cortez (AOC), Bernie Sanders and Elizabeth Warren. That fire […]

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Alexandria Ocasio-Cortez, the face of socialist revolution in America

Socialism is the price Capitalism pays for unrestrained and unpunished greed, and Alexandria Ocasio-Cortez is the new face of Socialism in America. AOC refers to her Socialist revolution — for now wrapped up in the Green New Deal before congress — as the “politics of optimism,” and so it is. That’s because Socialism is the […]

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A Week in the Life of a Topsy-Turvy Wildly Whirling World

Posted March 9, 2019 By David Haggith
By Germán Torreblanca (Own work) [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

Let’s review this past devilishly whacky week to see if we can divine the way the world is turning and why the markets are churning. It was 2019’s worst week in stocks and, well, just about everything economic all across this crazily spinning planet. Volatility lifted its head back out of the water like Loch […]

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US Budget Deficit and Interest Take Trip to the Moon

Posted March 6, 2019 By David Haggith
NASA [Public domain]

In my first Premium Post back in January, “2019 Economic Headwinds Look Like Storm of the Century,” I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the government debt, which I said was about to skyrocket: If you thought the government deficit exploded last year […]

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Protected: Credit Crisis Cruising Toward Collapse

Posted March 3, 2019 By David Haggith
Published in the US before 1923 and public domain in the US. Used to represent people piling up America's national debt.

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More Evidence that the Bears Have it Dead Right

Posted February 25, 2019 By David Haggith

In my last article, “The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions,” I laid out my first prediction for 2019 — a recession by summer. I don’t want the following revelations and facts that I have since come across to get lost in comments I recently posted to that article, so […]

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