Tag Archive


authoritarianism bank bailouts bank failures Bank of America Ben Bernanke bonds capitalism cashless society China coronacrisis cryptocurrency deficit spending Donald Trump economic bubble economic collapse economic crisis economic denial economic news articles economic predictions economic recovery epocalypse euro crisis European Union great depression Greek crisis Hillary Clinton housing bubble housing market collapse hyperinflation immigrant labor inflation Iran nuclear crisis national debt oil prices quantitative easing quantitative tightening Reaganomics recession recession v depression Russia stock market sustainable economics The Federal Reserve the Great Recession unemployment

The Big Bear is Back and Papa Powell’s on the Prowl!

We now have solid confirmation that the bear market did not go away and that the rally that began in October was just another typical bear-market rally. Look at the three graphs below to see how perfectly it fits the pattern of all the other bear-market rallies this year, which means we are heading down […]

TOP

I laid out a path of stepping stones for the Fed and stocks all year, and they couldn’t resist it every step of the way!

The languishing labor market has been the Fed’s path to peril, as I wrote yesterday in assessing how the Fed’s latest moves were perfectly predictable. I tried over the past year to lay out each step the Fed and the stock market would take together, and they followed those stepping stones like the Yellow Brick […]

TOP

Powell’s Peril Lies in Lanquishing Labor Market

Fed Chair Jerome Powell did the best he could with the limited options the Fed has created for itself, and he said nothing unexpected. The Fed will continue its course at a slower rate of interest rate increases but raise interest to a higher level than it has thought it would have to all year […]

TOP

CPI Didn’t Give the Stock Market What it Believed it Wanted

Stocks soared at the tiny dip in inflation as if they had just been given aviation fuel. And then they didn’t. The climb quickly stalled and sailed back toward the ground with stocks ending modestly up. Look into today’s CPI numbers and even think about the headline for more than a flash, and it’s obvious […]

TOP

The Bear is Uncaged … Again

It’s important to say when you were wrong, especially if you are prone to point out when you were right. Otherwise, you are just boasting in vain conceit. If you point it out both ways, you are just being factual.

TOP

This Week Stocks Shot the Chute of Waterfalls

I can now provide a graph from this last week of market moves that perfectly illustrates what I was predicting for the rough ride ahead in “Something Wicked This Way Comes!“

TOP

Stinking’ “Stonks” Got Smoked but the Pivotheads Still Have Some Catching Down to Do!

In a “thank-you Jesus” moment for those us us who are sick to death of the arrogance, greed, rigging, gambling, denial and freakin’ insanity of the US stock casino, the market pivotheads got a post-Halloween pounding of their hollow pumpkins into the dust of the earth at the end of today’s trading.

TOP

Powell Feinted Full Dovetard, and Stocks Still Plummeted. Why?

I’m going to write today’s article with all the vicissitudes I experienced as I read Powell’s statements about the Fed’s predicted moves and watched the market’s responses as they played out. My first thought, as I read the headline about Powell stating outright that the time was coming when the Fed would have to slow […]

TOP

Something Wicked is STILL Prowling Nearby

Now that the Dow finished its best October ever, it is more than clear my anticipation of an October surprise that would deliver a “horrendous” stock plunge couldn’t have been more wrong. That was an October surprise on me. It was not, however, a large one, as I didn’t have a lot of conviction when […]

TOP

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

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 […]

TOP

Where did something wicked go?

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 […]

TOP

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

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 […]

TOP