Trump is market magic. The Donald spoke, offering nothing he hasn’t said hundreds of times before in his campaign speeches, and the Dow parted its way through the 21,000 barrier without hesitation. The stock market’s rise from 20k to 21k also tied a record for the quickest 1,000-point gain. How long will this rampaging bull market last?
As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break that promised article out into several articles, as I’m accumulating material faster than I have time to cover. […]
The triumph of Donald Trump as the champion of a revolution against the status quo assures huge economic changes in the coming year, which I’ll list below. His victory struck a shocking upset to the globalists who have steered the last sixty or more years of world history, as I reported in an earlier story about George Soros mourning […]
Arguing with a liberal about the economic impact of rampant immigration will twist your brain into a pretzel. It inevitably goes something like this: “Illegal aliens and legal immigrants are taking millions of our jobs.” “No, they’re not.” “Then they’re all on welfare.” “No, they’re not. Even most undocumented workers are productive members of society.”
While I haven’t had the privilege of divine revelation, I do try to look at the forces that are in play that have the power to move nations economically. Two dominant countervailing forces right now are those who have George Soros nearly in tears — who make up the anti-global revolution — and then all the globalists like Soros […]
Last week the mainstream media devoted huge resources of time and space to comparing photos of President Obama’s inauguration audience to photos of President Trump’s inauguration audience. Major news media all over the US pushed the subject for an entire week. Their claims that Trump had a comparatively small audience were so exaggerated that the newly elected president’s press secretary, Sean Spicer, […]
The following is a guest editorial from one of The Great Recession Blog‘s faithful readers who prefers to simply go by his pseudonym “Auldenemy.” I wanted to share it here because it offers observations from the UK — the first nation to exit the EU — that closely parallel the immigration issues that fueled Donald Trump’s […]
Cirrus clouds wavered overhead like a circus big top billowing in a summer breeze. Sunlight filtered through, making it a warm, hazy afternoon for the kaleidoscopic disarray of people jumbled on the fairgrounds. A large banner that read “The World’s Fair or Bust” rippled above the ground and flapped in the breeze. Small groups of […]
When their Anointed One lost the election, big television news networks and primary newspapers coined the term “fake news” because they were angry at alternative media for eroding deep into their domain. It was time to expose these fakers because audiences were fleeing to alternatives to establishment media as certainly as they fled to alternatives to establishment politicians.
Late in 2016, I predicted the week after the election would be hell week as people revolted against the election results, and it was so. First, the mainstream media stared into living rooms in shock and awe as they reported with tear-brimmed eyes that the nation had not voted for the media’s Anointed One. Then city blocks closed down to […]
I have struggled to understand George Soros because he is a character riddled with contradiction. His push to break down borders by increasing immigration all over the world is undermining his desire to establish a unified Europe and a unified world. By pushing too hard, too fast, he’s creating obvious pushback. So, I decided to work on an article that […]
So, 2016 wasn’t the predicted Epocalypse, but it sure was weird! Globally, it was a year of continued economic malaise and increasing financial risks. Most notably, though, it was a year of political upheaval that pitted voters in the UK, Italy and the US in civil wars at the ballot box. Here are a few of the otherworldly highlights […]
I begin my 2017 stock market predictions with a recap of last year’s predictions. In an article back in 2015 titled “The Epocalypse: What Will D-Day Look Like?” I predicted the Fed would raise rates on December 16th, 2015, and the US stock market would crash immediately. Counterintuitively, I said it would crash by shooting upward for […]