One thing I did not expect from Biden was that he would become more dangerously divisive than Donald Trump. That is a high bar for high drama. Turning health decisions into political wedges is foolish and detrimental to the nation’s well-being. I hoped Biden had more sense than that; yet, he is making the vaccine […]
![John Robert Charlton [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/Monster-of-the-Deep.jpg?fit=109%2C150&ssl=1)
The last time I included a particular indicator of where temporary inflation and permanent inflation are headed, the indicator had risen in rather threatening manner to look like this:
The shortages are stacking up like containers in LA, faster than one can process them into simple lists in articles. Here is the latest stack from headlines of major publishers. Big grocery starved, prices to skyrocket In Denver, public-school children are facing shortages of milk. In Chicago, a local market is running short of canned […]
BlackRock’s Jean Boivin just said there are not apparent signs of stagnation — just inflation. What Bovine foolishness: Prices have climbed around the world, with commodities prices surging and U.S. inflation hitting a 13-year high. It’s the first time since the 1970s that a supply shock is the main culprit. This is where the comparison […]
The economic gurus and magic-chart advisors who told you inflation was going to be transitory or that it wouldn’t amount to much or even the dimmest of all who proclaimed it wasn’t happening at all could not have been proven more foolish and blind to the obvious all around them. Now they are revising themselves […]
The energy crisis spills across the ocean And I’m not talking about the California spill. The budding energy crisis I wrote about last week is likely to explode globally this winter into a massive crisis, which is why it is already whipping up US markets. Within just a few days after I wrote that article, […]
Storm clouds blanket the entire global economy right now. In the articles I’ve written over the last ten days, I reported extensively on the following prevailing winds that are assailing all economies, and in this article and the next, I’ll reveal how our governments are actively making them much worse:
In an effort to prove the Fed’s tapering won’t matter, I recently saw one stock advisor claim that, when the Fed tapered its QE from late 2015 into 2016, “the stock market rallied 60% in an almost straight line higher.†Wow! Let’s take a look at that! Here is what the stock market actually did […]
![HM Stoops? (the name signed to 2 of the 6 illustrations on the page of the newspaper—they all seem to be from the same hand, despite this particular image is unsigned) [Public domain], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/Bull_and_Bear_Fight_1-e1545873446256.jpg?fit=126%2C150&ssl=1)
The evidence that inflation is ripping everyone’s face off is now widespread, and the situation is rapidly getting worse all over the world, making it harder for both US bonds and stocks to ignore it: The US stock market took it on the chin again Tuesday, plummeting on worries about sustained high inflation that pushed […]
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