In the first half of 2021, I bet my blog that the inflation I had been predicting would rise so hot through the year for so long that it would kill the stock market bull. It’s time to call the bet.
Let me begin to describe the scale of the economic collapse that I believe has reasonable likelihood of happening without going all apocalyptic, as I could easily do if I started calling into mind geo-political crises, climate troubles and all that stuff. Let’s just stay with historic examples and forces in play right now and […]
With rapt attention from all across the nation, the High Priest of Finance at the Federal Reserve took his position behind his presser pulpit. Biting his quivering lip again and again, he uttered his benediction over the US economy. He made sure to carefully speak the words I hear repeated across the nation like a […]
There is no safety, as in times past when the Fed was draining money out of the economy and could just flip back to pumping money in, because the Fed is running the outflow pump fast and furious, and the Fed has no option for reversing the pump or even just stopping it this time […]
Forget bond pricing as a way of gauging what inflation is going to do. The Fed is still buying the lion’s share of the bond market. So, while bonds have begun pricing in inflation, they have a lot more to price in over the next couple of months as the Fed continues to relinquish control […]
The Everything Bubble is bursting, and the Fed has barely even begun its war on inflation. Many top stocks are already in their own bear markets. Nvidia, way off its game, has lost 25% of its value from its last high score. The ridiculously skyrocketing Tesla has plunged back toward earth’s gravity on a trajectory […]
The Fed has a solid track record of killing its children and eating them, which is to say destroying all of recoveries it worked so hard to originally nurture. This it does by how it shifts into tightening mode with a jolt, almost always taking down the stock market with it. This time is no […]
Anyone see a bubble anywhere? This is short and sweet because the picture says it all: We’ve just seen the fastest, highest rocket ride in stocks in the history of the world! Because that makes sense during a time of global plague and global economic lockdowns, creating extreme labor shortages, resulting in extreme product and […]
With CPI hitting a 40-year high today, as economists anticipated it would, inflation has shown us it is going to keep getting worse. People in some areas of the nation are already alarmed about food shortages. Prices are rising as shelves go empty. So are tempers.
![The Trumponomics Train may not be too smart. By a_marga from madrid, Spain (Be stupid) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/StupidTrain.jpg?fit=113%2C150&ssl=1)
The world has become more stupid than I ever thought human beings could collectively become, and I was always certain that human beings could be quite stupid! Today, the stupid train picked up a full load, hit full velocity and flew off the rails. This medical news strains the outer limits of my mind.
Former supporters of Donald Trump who are virulently anti-vax are furious at the ex-president’s stance, and are vowing to support rival Republicans in the race to be the party’s candidate in two years’ time. Trump’s most ardent supporters are turning against him, publicly ripping into him since he voiced his wholehearted approval of Covid vaccines.
Leonard Glenn Francis is a Malaysian businessman who infiltrated the greatest power on the high seas and built a billion-dollar empire by providing officers with orgies, Dom Pérignon champagne and security paid for by the USA. And, now he’s squealing like a … rat.
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