Today the bulls did it it again. This market remains deeply entrenched in denial, soaring even as unemployment soars higher toward the grand summits of the Great Depression and with certain knowledge that many jobs will not return.
Archive for April, 2020
If Bulls Had Wings They Could Fly; Without Them They’ll Die!
Posted April 9, 2020 By David HaggithWhen Will I Get My Stimulus Check?
Posted April 9, 2020 By David HaggithYou want your money. Bankers are already fighting for their part of it. If it takes conflict to make a good story, the banker part will get you; but first let’s cover the basics of what you have coming to you and when:
Gurus Gone Mad, Market Gone Gzonkers
Posted April 8, 2020 By David HaggithBy its close yesterday, the market provided exactly the example of the head slamming I said bulls were going to get in the article I was writing all day yesterday because the “Stock Market Bulls are Delusional in Face of Great Depression.” Monday’s stampede proved how utterly disconnected from reality the market’s bulls remain, and […]
Stock Market Bulls Delusional in Face of Great Depression
Posted April 7, 2020 By David HaggithMonday was nothing but a dead-bull bounce … after bounce … after bounce, which means there is plenty of punishment to come. Pure testosterone drove the market’s rise, fed by nothing but the weak premise that New York’s drop in the coronavirus death rate for a single night meant the worst is behind us.
Bailout BONUS Bonanza Going Bonkers … Again!
Posted April 1, 2020 By David HaggithThe banks that are begging for bailouts still cling to their bonuses. To terrorize us into letting them keep their bonuses, the banksters are threatening to release the button on their suicide vests and blow themselves up by not taking the bailouts if they can’t have their bonuses.