Archive for March, 2017

By Enola Gay Tail Gunner S/Sgt. George R. (Bob) Caron (SElephant at zh.wikipedia) [Public domain], from Wikimedia Commons

Trump’s really big supporters openly grieved that the explosion of his emphatically promised Obamacare replacement bodes poorly for all of Trump’s plans. Fox’s Sean Hannity and Lou Dobbs harangued the Republican party for failing to take the reins and lead now that the party finally has the chance to prove it can do what it has promised. Hannity stated that numerous high […]

25 Comments so far. Join the Conversation

Will Mid-March Madness Maul the Stock Market in 2017?

Posted March 12, 2017 By David Haggith
Is the US stock market going to crash in 2017? [By Philip Timms [Public domain], via Wikimedia Commons]

Many of the 2017 economic headwinds I’ve described will hit during the Ides of March, just as the Trump stock-market rally shows signs of topping out. This might not be the Great Epocalypse — not all at once anyway — but a large and likely correction is looming. I think the bear is about to be let out of his cage.

16 Comments so far. Join the Conversation
2017 Economic Forecast is looking like the mother of all storms

Headwinds that are starting to assail deep structural flaws in the US and global economies form the basis for my 2017 economic forecast, which looks like an all-out economic crisis building throughout the world. Some of these headwinds are global; some more locally focused within the United States, but that which brings down the US economy wounds the world anyway. […]

19 Comments so far. Join the Conversation
By John Phelan (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

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?

8 Comments so far. Join the Conversation