Archive for October, 2022

« Older Entries

QTR: The Woke Mob Crosses The Streams

Posted October 30, 2022 By David Haggith

The climax of the hit movie Ghostbusters was when the protagonists finally decided to “cross the streams” of their proton packs to defeat the final ghost, the Stay Puft marshmallow man. In the context of the movie, it was an unthinkable action – viewers were warned early on that that “crossing the streams” of the unlicensed […]

Be the first to comment
Filed in Guest Features

GDP Stands for One “GROSS Domestic Pig” During Election Season

Posted October 28, 2022 By David Haggith
hedge fund hedge hog (Basile Morin / CC BY-SA (https://creativecommons.org/licenses/by-sa/4.0))

President Bidin’-his-Time just got a little reprieve delivered right in time for the upcoming election, and it looks like we’re all having pork for Thanksgiving this year, not turkey. His government served up a nice GDP-growth surprise that came in below the Atlanta Fed’s final GDPNow estimate of 3.1% at 2.6%, but still a solid-looking […]

Be the first to comment
Filed in Uncategorized | Tagged: ,

A Peek at the Peak of Peak Stupidity in Stock-Market Euphoria

Posted October 25, 2022 By David Haggith
Celebrate because the Epocalypse is here!

Today, I read an exasperating article on Zero Hedge. You can find it here in order to know what I’m carrying on about below: “10 reasons to be bullish“ I’m not saying that there is no chance of a big rally that becomes the defining characteristic of what happened to stocks on the way to […]

Be the first to comment
Filed in Uncategorized | Tagged: , ,

Doug Noland: Dissecting Chairman Xi

Posted October 23, 2022 By David Haggith
DonkeyHotey [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]

The world is changing, and sometimes there’s an almost slow-motion element that offers a particularly coherent view of what the future holds. The UK, one of our closest allies, has succumbed to financial, economic and political crisis – with effective leadership seemingly a pipedream. Chairman Mao – I mean Xi – spewing ideology from an […]

Be the first to comment
Filed in Guest Features | Tagged:

Where did something wicked go?

Posted October 23, 2022 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.

Last Sunday, I wrote about the big swings in the stock market that had just happened as follows: I’m anticipating this coming week will be horrendous. That kind of extreme bouncing is nothing but the rapids right before the lip of the waterfall.… I think that is what this is — extreme chop like the […]

Be the first to comment
Filed in Economic Predictions | Tagged: , ,

MN Gordon: Operation Break Stuff

Posted October 23, 2022 By David Haggith
Central banks are cause of inverted yield curve recessions

Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market…  You name it.  The economy’s crashing and burning like an old Cutlass Supreme, and There’s nothing the central planners can do to fix it…

Be the first to comment
Filed in Guest Features | Tagged: ,

Lance Roberts: Fed Rate Hikes Approaching The “Breaking Point”

Posted October 22, 2022 By David Haggith

Well, it’s now official: Inflation did become the hottest news of 2022 as predicted in 2021: “Inflation Becomes The Leading Global Concern In 2022.” The next step in the forecast was that the Fed greatly over tightens because it doesn’t realize we’re already in a recession, and here is proof step-two is nearly complete:

Be the first to comment
Filed in Guest Features | Tagged: , ,

The Fed Actually Reveals the Way its Own Delusional Thinking Works, and Why That Assures a Worse Crash!

Posted October 20, 2022 By David Haggith

I just came across an internal Fed staff document that shows what a mess their minds are. When you see how seriously they are misunderstanding this economy and the causes of inflation and how they are going to fight that inflation like Don Quixote jousting at windmills, you’ll realize there is no way they find […]

Be the first to comment
Filed in Uncategorized | Tagged: , , , , , , ,

Something Wicked This Way Comes!

Posted October 16, 2022 By David Haggith
John Robert Charlton [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]

From the intro to my last Patron Post: Thursday morning CPI, again, proved what has become my standing narrative for two years — that hot inflation would force the Fed to tighten faster and [thus] would kill the economy, the bond market and stocks â€” when all of the following headlines hit on a single morning (as […]

Be the first to comment
Filed in Economic Predictions | Tagged: , , , ,

Bill Bonner: “A Very Slight Recession”

Posted October 16, 2022 By David Haggith

We are breathing a lot easier, how about you? We had been worrying that a devastating recession would plunge the US into  chaos… losses… and confusion… giving the Fed the smokescreen to go back to what it does best – causing inflation… and dooming Joe Biden and his fellow democrats to a single 4-year spell […]

Be the first to comment
Filed in Guest Features | Tagged: ,

MN Gordon: Debt Markets Get Trampled

Posted October 15, 2022 By David Haggith
First liberty bonds, now a coronavirus war bond?

Anyone with half a brain knew there would be hell to pay for locking down the economy and simultaneously printing and spewing out trillions of dollars of confetti money.  The bill has finally come due…

Be the first to comment
Filed in Guest Features | Tagged:

Dr. Pippa Malmgren: PUMP

Posted October 15, 2022 By David Haggith
Dr. Pippa Logo

This week I received a very insightful email about central bank digital currencies. I’ve written on those a lot for my Patrons, but this writer thought of dangers that will emerge from CBDCs that I had never imagined to cover, so I asked the author for permission to share her article with my own readers…

Be the first to comment
Filed in Guest Features | Tagged: , ,
« Older Entries