The End is Here. I Bet My Blog and Lost and Won

Posted August 25, 2018 By David Haggith
David-Haggith-Image

I bet my blog on a stock market crash in the early summer and on global economic cracks large enough by summer that no one could reasonably deny the economy is in a serious downturn. I have both lost and won that bet as I will lay out here.

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Crows on a Wire Caw for the End of this Blog

Posted August 4, 2018 By David Haggith
By Randy Robertson [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

A few people (very few) have been trying to get me to stop writing this blog because they believe I’m just another permabear who always predicts the “end of the world” and perpetually moves his date forward. (And I’d hate to be that kind of guy.) I recognize that they are just crows

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Gathering around the stock ticker during the 1929 stock market crash.

As we pass from early summer into late summer today, stocks on all the major indices open the day on the slide. The “Tech Wreck,” as it is being called, has been noted by many, as I’ll detail here. That is in spite of the fact that the last of the great FAANGS just reported […]

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Celebrate because the Epocalypse is here!

While glowing presidential proclamations about US GDP growth last week did nothing to prevent the stock market from rushing headlong over the cusps of a FAANG stock ledge, the market is taking a breather today. So, let’s take a breather and go back and look at why that GDP report had no bite.

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Housing Market Collapse 2.0 Accelerates Rapidly!

Posted July 28, 2018 By David Haggith

Just ten days ago, your Lone Ranger here laid out why one should see the barely beginning downturn of the housing market in Seattle as the bellwether for a national housing market bust. Naturally a snowflake or two of criticism landed on my nose to say I knew nothing about real estate. That being the […]

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Big Stocks Rock NASDAQ as Two FAANGs Bite the Dust

Posted July 26, 2018 By David Haggith

Two of the original FAANG stocks that carried the US stock market higher throughout the Fed’s fake recovery from the Great Recession have revealed in the past week how quickly overpriced, bubblicious stocks can turn on investors and bring a rising index down. Facebook, which put the “F” in FAANG, showed it knows the foulest […]

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The Economy is Cracking Up. Are You?

Posted July 20, 2018 By David Haggith

Economic cracks big enough to drive a car industry into are opening up all over the globe. Trade gaps are opening up between major allies. Widening spreads between the dollar and other currencies are shredding emerging markets. As we start into summer, these cracks and several others described below have become big enough to get […]

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Housing Market Collapse 2.0 Has Begun

Posted July 18, 2018 By David Haggith

A summer storm is gathering against the housing market all across the US. More than a year ago, I predicted the collapse of Housing Bubble 2.0 and then predicted as soon as the housing market collapse had begun that it would see temporary reprieve until the summer of 2018. Well, that reprieve has ended … 

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Zombie economists create US 20116 recession

“Asian markets rallied on Monday, extending their gains at the end of last week, following another strong US jobs report that reinforced confidence in the US economy and helped settle trade war nerves.” (Newsmax)   So the majority of investors in Asia (and in the US) see the latest MEDIOCRE-AT-BEST jobs report as assurance that […]

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Major Stock Trouble in One Chart

Posted July 3, 2018 By David Haggith
Dow falls below 200-day moving average

While I don’t make my predictions based on charts, many who make investment choices do make their decisions based on technical lines of convergence in the charts and have for decades. One of the most persuasive and bearish technicals is when an index that has been running above its 200-day moving average first closes below […]

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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 a year and a half I’ve been writing about the retail apocalypse that is going to add to US financial woes. This is not a problem created by economic collapse but a problem that I have said will greatly contribute to economic collapse and that is so massive and widespread that it assures some […]

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[CC0], via Wikimedia Commons

Even the best day of the year for stocks in the United States struggled to pull this market into better shape. While summer is a down period overall for stocks, July 2nd holds the position of being historically the most bullish day of all for the S&P 500. Why? The S&P 500 shows an average return […]

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Lifestyle Investing for Recession or Economic Collapse

Posted July 1, 2018 By David Haggith

How do you invest for recession or a time of financial collapse when it looks like anything and everything could come down? If you are investing for recession — such as to safeguard your retirement funds for truly tragic times — there is simply no way to know what major part of the current economy […]

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2017 Economic Forecast is looking like the mother of all storms

First I said I believed the US stock market would plunge in January, but I also said that January would not be the biggest drop, but just the first plunge that begins a global economic collapse: the big trouble for the economy and the stock market, I said, would show up in “early summer.” That’s when the […]

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