Archive for November, 2019

The Relentless Road to Recession Continued

Posted November 21, 2019 By David Haggith

Consider this a travelogue in pictures (graphs and charts really) that presents a rather striking and comprehensive image of a nation journeying into recession. Our decline is steeper now than it was even in my retelling of economic turns during the summer and early fall.

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Repocalypse: The Little Crisis that Roared

Posted November 17, 2019 By David Haggith
Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License ( http://www.gnu.org/copyleft/fdl.html ), Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License.

That didn’t take long. I just published an article showing how the Fed had responded with a quarter of a trillion dollars to save the economy from what it claimed was a mere blip. Since then, the recession-causing Repocalypse I’ve warned of has roared around the world, forcing the Fed to amplify its response again. […]

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A Love Letter to my Crow about my 2019 Predictions

Posted November 15, 2019 By David Haggith
By Randy Robertson [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Not-so-TruBlu97 was doing some of his typical cawing and provided the incentive for me, as we near the end of the year, to review the predictions I made for 2019, the most important one of which was locked within a Patron Post.

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DIGITAL CURRENCY: Central Banking in the Twilight Zone

Posted November 11, 2019 By David Haggith

One has to believe that a bottom to the rabbit hole of negative interest rates that I wrote about in my last Patron Post will somehow be found, though no one knows where it is. It could come when people refuse to go further, such as by paying banks to hold their money in “savings” […]

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Caterpillar Keeps Climbing Even on a Downgrade

Posted November 4, 2019 By David Haggith
Tropenmuseum, part of the National Museum of World Cultures [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

This Cat apparently does have nine lives, and it’s already used seven of them. After six consecutive quarters in which Caterpillar’s earnings failed to meet plummeting expectations, Cat’s stock started to die each time then took a dead-cat bounce back to life. After its seventh quarterly fail in October, it only climbed higher.

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