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Down, Down, Down in a Burning Ring of Fire

The Dow plunged 686 points midday on Thursday and closed down 458, wiping out a large relief rally from the day before, and it went down for the key reason I laid out for understanding why the Fed will over-tighten and drive the economy into an extremely deep recession. A batch of economic data that […]

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The Daily Doom: Economic News of the Great Collapse

TOP STORIES IN TODAY’S ECONOMIC NEWS: Dow tumbled 686 points mid-day as relief rally from Bank of England died … This Looks a Lot Like the Dot-Com Bust with One Big Difference — Inflation … Signs Are Pointing Toward Equities Panic … BofA Strategists See Wall Street Rout Forcing Asset Sales … Inflation accelerated even […]

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Economic Predictions for H2 2022, Part 4: Zombies in Bondage and Their Broken Banksters

It all goes down in the same heap of rubble — zombie corporations and the junk bonds that are their sole life support and, piled on top, some of the banksters that funded them. Like a zombie apocalypse, it spreads around the world, taking out the weakest first but then the stronger players as the […]

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It Was Hell Week, and the Fed Can’t Handle the Heat

Jamie Dimon, CEO of JPMorgan Chase, set last week off with a fitting sour note when it was reported across the financial news, he had updated his weather report for the economy: I said there were storm clouds. But I’m going to change it. It’s a hurricane. Right now it’s kind of sunny, things are […]

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Bond Vigilantes Riding Bonds in a Suicide Race to the Bottom of the Market!

And I’m kind of glad to see it happen. Having seen the bursting of the bond bubble coming, I stepped out of the way financially (no money in stocks or bond funds) to watch the plunge from the sidelines during what has turned suddenly into an epic plunge in bond prices (rise in yields).

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The Big Bond Blowup: Worst Bust Since Marshall Plan

This past week was a stormy ride through the badlands of hell for bonds. Government bond prices took their worst cliff-fall since the Marshall Plan. The panic run of bonds over the edge was sparked by the fantasy belief that Russia might be retreating, bringing a rapid end to Putin’s invasion and the opposing sanctions.

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Seeing It All Come Together: Months of Predictions Closing in on Quick Collapse

Sometimes weeks happen in a day, and we seem to be living in such times. In my latest Patron Post I laid out how Putin’s War and the sanctions imposed by the West and other nations will cause a tectonic shift in the new world order. It’s already happening.

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Oh, What a Difference a Day Makes

After hitting the highest official inflation rate in 40 years, bonds did exactly what I warned of in my last Patron Post where I said, The collapse of the Everything Bubble will be an economic supernova. Think Lehman Bros. and Bear Stearns and all the rest of what happened to cause the great recession, then […]

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Expect the Bureau of Lying Statistics to Tell a Whopper with Thursday’s CPI

They already promised they will. That’s the kicker, and everyone in the financial press accepted their promise with no complaints because everyone in finance wants to see lower inflation that won’t disturb broker’s bullish selling and investor sentiment and bond funds and hedge funds, etc. It pays to not question.

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The Zombie Apocalypse Now

I’ve just written a Patron Post that lays out the enormous scope and serious ramifications of the corporate zombie bubble that will likely blow up as part of the bond bubble that is now ready to supernova, but here is a video by CNBC that does a good job of laying out the basic problem […]

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Protected: The Everything Bubble Bust Pt. 2: Zombie Apocalypse

There is no excerpt because this is a protected post.

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