Author Archives: David Haggith

List of 24 Points Pressing Hard toward Recession

The Great Recession The US stock market is slightly overbought (which is not a positive in terms of head room for more of a rally). It’s massively built up on debt that is now more expensive to maintain and/or obtain.

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Tick, Tick, Talk, 2019 Recession Coming

The Great Recession The 2018 stock market crash is now a fait accompli, having taken a polar bear plunge that put ice in the veins of the Fed and electrified their collective spine with such a deep chill they ran like a … Continue reading

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One Big Tip for Huge Economic Growth

The Great Recession The Fed’s surprise pivot away from any interest rate increases this year has boosted prices of stocks, high yield bonds and other risky assets in spite of nagging investor concerns about slowing global economic growth….. The quandary for the … Continue reading

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The Two Stooges of Finance: Larry and Moore

The Great Recession Laughable Larry Kudlow, as high priest of the Laffer Curve, has long been servant of “King Dollar,” as Larry has often reverently referred to US currency. The Laffer Curve is the central creed of trickle-down economics. It’s … Continue reading

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Retail Apocalypse Closing Stores Down Like Death of Dinosaurs

The Great Recession For brick and mortar stores, the Retail Apocalypse is closing stores down like a slow-motion video of the asteroid event that took out dinosaurs 66 million years ago. While it may seem to drag on as we … Continue reading

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Two Down, One to Go, and the Fed is Stuck: My most important economic predictions have come in rock solid

The Great Recession Two of my biggest and longest-term predictions for 2018 and 2019 proved resoundingly true this week, and my sole prediction for this year — a prediction of recession bolder than anyone else’s — moved a big step … Continue reading

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Socialist Revolution: The Price Capitalism Pays When Greed Goes Unrestrained

The Great Recession Socialism is the price Capitalism pays for unrestrained and unpunished greed, and Alexandria Ocasio-Cortez is the new face of Socialism in America. AOC refers to her Socialist revolution— for now wrapped up in the Green New Deal before … Continue reading

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A Week in the Life of a Topsy-Turvy Wildly Whirling World

The Great Recession Let’s review this past devilishly whacky week to see if we can divine the way the world is turning and why the markets are churning. It was 2019’s worst week in stocks and, well, just about everything … Continue reading

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US Budget Deficit and Interest Take Trip to the Moon

The Great Recession In my first Premium Post back in January, “2019 Economic Headwinds Look Like Storm of the Century,” I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the … Continue reading

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More Evidence that the Bears Have it Dead Right

The Great Recession In my last article, “The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions,” I laid out my first prediction for 2019 — a recession by summer. I don’t want the following revelations and facts … Continue reading

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The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions

The Great Recession Bears, like myself, picked the meat off market bulls throughout 2018. We scoffed at the start of the year when bulls concocted a narrative that said bears would starve because 2018 was going to be the year … Continue reading

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Retail Apocalypse and Carmageddon Continue to Pick up Speed as Predicted Here

The Great Recession We now know that the Retail Apocalypse took another trip downhill during the all-important holiday season. December reports show retail sales declined more in one month than they have since … the Great Recession. Notice what a … Continue reading

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Housing Market Crash 2.0: The Jury is in for 2018-2019

The Great Recession As happened with the first housing market crash that began in 2007 but didn’t become widely recognized until mid-2008, the present housing crisis began exploding one story at a time last summer, and this blog was perhaps … Continue reading

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The Fed’s Failure is a Fait Accompli, Exactly as This Blog Said it Would be!

The Great Recession Here is a single chart that proves how completely the Fed’s end-game for its recovery failed, which means the fake recovery, itself, is failing. It’s not hard to figure out what happened here. Talk about a euphoric … Continue reading

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A Winter Tale of Snow to Remember and Sun Long Ago

The Great Recession I wrote months ago about the coming mini ice age. Recently the reality of this cooling trend became mainstream news because of a new scientific study affirming it, and even more recently, the midwest decided to remind … Continue reading

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Powell Put Sends Stocks Soaring

The Great Recession Federal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates … Continue reading

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The Great Recovery Rewind: How the Federal Reserve’s Balance-Sheet Unwind is Unwinding Recovery

The Great Recession We are in the end time of an unprecedented era of financial expansion — the greatest expansion of the world’s money supply ever attempted, expansion of the Federal Reserve’s vast and unchecked powers far beyond what the … Continue reading

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Federal Reserve Confesses Sole Responsibility for All Recessions

The Great Recession In a surprisingly candid admission, two former Federal Reserve chairs have stated that the Federal Reserve alone is responsible for creating all recessions in the United States. First, former Fed Chair Ben Bernanke said that Expansions don’t … Continue reading

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The Roar of Stupidity is Now Deafening

The Great Recession The world is descending into intellectual chaos. Read El Erian in the following linked article, and then come and back tell me we have not moved into madness: El-Erian: 1000-Point Swings In The Dow Are The “New … Continue reading

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It’s Up, It’s Down, It’s Done — a Day in a Year of the Dow.

The Great Recession The market’s last chaotic day closed in a way that befit the entire year. Up, down, up harder, down harder, and done! It looked like the violence of the day may have come from the Plunge Protection … Continue reading

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