![By H. Zell (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/BearFight.jpg?fit=150%2C150&ssl=1)
In my latest Patron Post, I laid out how, even though I appear to have missed my “anticipated” (not predicted) target for the next big leg down in stocks to happen as an October surprise, I have many, many reasons to believe the bear’s revenge against the recent rally is still on track, even if […]
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 […]
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 […]
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 […]
This week, I am inspired by the awarding of the Nobel Prize in Economics to our own highly regarded Ben Bernanke, one of the world’s greatest economists who recognized, contrary to the average dolt who felt otherwise, that we were not in a recession in the summer of 2008 and that, in fact, there was […]
Here is my recent interview with Tom Bodrovics of Palisades Gold Radio. I think it gives the broadest and easiest-to-understand overview of how the Federal Reserve has delivered us into a catastrophic situation for which the Fed truly has no answers that will do anything, except make everything worse: (In summary: The coronacrisis brought massive […]
I want to share the following funny video by Russell Brand, which was in today’s Daily Doom, because it well expresses my overall and longstanding view on America’s endless imperial pursuit of neocon wars around the world in recent decades. Enjoy it before reading on about my views on Putin’s War, because this really is […]
![By Vmenkov (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/Burning-money-and-yuanbao-at-the-cemetery-3249.jpg?fit=150%2C113&ssl=1)
The stock market is smart in a dumb way, but it is currently unbelievably dumb in the way that it is smart. To understand that, you have to realize that today’s stock market is not a place for investing in businesses. It used to be that, but the players have all turned it into a […]
![By Tairo Bonilla (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/SunkenTanker.jpg?fit=150%2C104&ssl=1)
The sails are torn and fluttering fiercely like flags in a windstorm. The ship has stopped slicing through the waves, and its timbers are shuddering on the rocks. You can hear the stony teeth chewing into her planks, but the captain and crew are passing around sherry glasses and raising a toast to the fine […]
![By Photo credited to the firm Levy & fils by this site. (It is credited to a photographer "Kuhn" by another publisher [1].) (the source was not disclosed by its uploader.) [Public domain], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/500px-Train_wreck_at_Montparnasse_1895.jpg?fit=125%2C150&ssl=1)
Today the market paid back some of its delusional holdings. It has a lot more left to pay back. You see, the market believed the Fed all of last year when the Fed said inflation was transitory. Or, at least, market leaders sold the Fed’s narrative, accelerating us into a heck of wreck.
In my latest podcast with Tom Pochari, we chat about the nexus humanity has come to and why we are entering a time of deconstruction and whether or not there is even any hope for humanity when we are so divided and lack the clarity of a vision we can agree on to move forward […]
Monday’s financial news was filled with fantasies about how Tuesday’s CPI report would be as boring for the stock market as watching the paint dry on Fed QT, but all that falderal didn’t even age one day without putrefying to a level of rancidness that would curl the nose hairs of most investors by Tuesday […]
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