First, a decline in manufacturing, and then a slump in service industries, now a broad-spectrum inversion of the yield curve hitting its most critical metric this week, unemployment finally starting to rise again, a one-year relentless housing decline across most of the nation and the world, carmageddon pressing car dealers to offer big incentives once […]
Archive for July, 2019
Ten Big Steps down the Road to Recession
Posted July 5, 2019 By David HaggithIranium ConFUSION Part 2: What we Know, What we Know we Don’t Know, and What we Wish we Knew
Posted July 2, 2019 By David HaggithIf you’re a Trump supporter, you’re going to hate this article and love it; likewise, if you are a Trump hater. I am going to lay out evidence that Trump is either the biggest moron of a president the US has ever had but also my own 4-D chess explanation that would make him cunning […]
Cleaning up after the China Trade Summit Looks Exactly Like I Said it Would
Posted July 2, 2019 By David HaggithThat didn’t take long. On Saturday, well before the US stock market opened post-China-trade-talks, I wrote: The next step for the market would likely be that the remaining stock indices that have not pushed past their own previous peaks would now punch through. By that … I meant those indices like the Dow that were […]
Beware the Lies you Read. Beware the Market Mania.
Posted July 1, 2019 By David HaggithI want to comment on an article featured prominently all weekend on Zero Hedge because it is packed full of so many lies or distortions that I don’t know what it was even doing there. As you know, I read Zero Hedge a lot and appreciate economic perspectives they give, so I’ll give them the […]