On March 31, RT published an article titled, “‘Beyond farce’: CNN states there’s ‘no consensus criteria’ to determine child’s sex at birth.” The article revealed how CNN writers now find it difficult to tell if it’s a boy or a girl at birth by peaking under the cloth. CNN reporter Devan Cole became so extreme as […]
Amazon is beating its brick-and-mortar rival, Walmart, for subhuman work conditions. As happened with Walmart, the retail behemoth of virtual space is increasingly developing a monstrous reputation. Walmart had to make major changes as public scorn grew against it. Amazon will, too.
The state’s new ‘Ethnic Studies Model Curriculum’ extends the left’s cultural dominance of California’s public education system, and seeks to destroy the ‘Christianity, capitalism and racism’ white settlers brought to America. The Department of Education in California – where else? – has approved a 900-page “Ethnic Studies Model Curriculum” designed to “decolonize” America. The program […]
This past week we got to observe Fed Chair Jerome Powell and the US stock market and the US bond market do everything I said they would do in their complicated shuffle of ships-and-icebergs: “I’m sure many helium-headed stock investors believe the lilly-livered Fed will turn tail and run from its goal of letting inflation […]
Chairman Powell of the People’s Bank of the USSA would have you believe inflation is no concern because the Federales are in control. The bond vigilantes, with their pistols shoved into his back, would have you believe Powell is their prisoner and is being hauled off to the stockade where his friends in stocks are […]
“Remember that the market is a forward-looking indicator. Ideally, it is pricing in the gains of the next six to 18 months.” (Seeking Alpha) Famous last words again and again. That sunny advice about today’s overpriced market was repeated again about a week ago. It is the same excuse that was routinely deployed at the […]
![By Vmenkov (Own work) [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) or GFDL (https://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/Burning-money-and-yuanbao-at-the-cemetery-3249-150x113.jpg)
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![Dorothea Lange [Public domain], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/Destitute_man_vacant_store-150x147.gif)
I want you to read one average person’s year-end description of the changes in our socio-economic landscape we experienced in 2020 because his words build toward a devastating realization at the end: The movement back to the farm has grown stronger … until today it is almost an exodus from the city to the farm…. […]
![By FEMA News Photo (This image is from the FEMA Photo Library.) [Public domain], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/Hurricane_Destruction-150x116.jpg)
Things couldn’t be worse if you’re in the market for a house, except that they can be and probably will be. As it stands, you can probably buy this photographed “cosmetic” fixer for half a million if it’s in a modest neighborhood or a large city that everyone is fleeing. Housing prices rocketed to the […]
![By Germán Torreblanca (Own work) [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons](https://thegreatrecession.info/blog/wp-content/uploads/FatWomanSculpture1-100x150.jpg)
There is no excerpt because this is a protected post.
Just a collection of market miscellaneous that continues to demonstrate how out-of-whack this market is with all reality. BofA notes that “we have already eclipsed the prior record in equity issuance from the dot-com bubble and we note that after the last two peaks, S&P 500 PE multiples dropped….” At the same time, for the past […]
How the QAnon conspiracy theory attracted millions of followers, many of whom were willing to drink the Kool Aid and die for their beliefs, will always be for me one of the modern marvels of mankind. Somehow it was easier and more logical for millions of people who needed hope to believe Bill and Hillary […]
