Archive for February, 2019

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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Bears, like myself, picked the meat off market bulls throughout 2018. We scoffed at the start of the year when bulls concocted a narrative that said bears would starve because 2018 was going to be the year of “global synchronize growth.” We bears bawled that this was euphoric nonsense. Global economies fell off a cliff […]

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Carmageddon keeps on rolling

We now know that the Retail Apocalypse took another trip downhill during the all-important holiday season. December reports show retail sales declined more in one month than they have since … the Great Recession. Notice what a common refrain that comparison has become. Retail Apocalypse snowballs downhill Retail sales dropped 1.2% month-over-month in December, the […]

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Housing Market Crash 2.0: The Jury is in for 2018-2019

Posted February 10, 2019 By David Haggith
Falling housing prices may cause Housing Market Crash 2.0.

As happened with the first housing market crash that began in 2007 but didn’t become widely recognized until mid-2008, the present housing crisis began exploding one story at a time last summer, and this blog was perhaps the first to state that summer’s change was the turning point from decades of ascent into a collapse […]

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Here is a single chart that proves how completely the Fed’s end-game for its recovery failed, which means the fake recovery, itself, is failing. It’s not hard to figure out what happened here. Talk about a euphoric rise at the end of the Trump Rally heading into 2018, followed immediately by a massive blow-off top. […]

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A Winter Tale of Snow to Remember and Sun Long Ago

Posted February 3, 2019 By David Haggith
Photo by David Haggith

I wrote months ago about the coming mini ice age. Recently the reality of this cooling trend became mainstream news because of a new scientific study affirming it, and even more recently, the midwest decided to remind us of what mini ice ages might feel like. The reason for all of this is told here: […]

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