The Great Recession Blog by David Haggith As we near Halloween, the US stock market looks like it’s whistling past the graveyard near the end of a year that I predicted would be the dawn of “the Epocalypse.” (By that, I meant an economic apocalypse, the likes of which we’ve never seen.) So far, however, that prediction… Read More Is the Fed Fix in for the election?
Alt-Market by Brandon Smith The latest Federal Reserve meeting in Jackson Hole, Wyoming, is over and so far it would seem that the general investment world is not too happy about Janet Yellen’s statements as well as those of other Fed officials. In fact, many people are looking for some simple clarity as to… Read More The Central Banks Are Now Ready To Launch Their ‘Brave New World’
The Great Recession Blog by David Haggith I believe a 2016 recession is already a fact in the US, and the Great Recession will return with a vengeance. That recession never really ended. It was simply propped up while all of its fundamental flaws remained, and the props are now all ended or failing.… Read More Declining Profits, Rising Defaults Assure 2016 Recession
The Great Recession Blog by David Haggith The Federal Reserve economic stimulus plan is edging toward the Twilight Zone now that the Fed sees its recovery about to be eaten by an economic apocalypse greater than its imagination could conceive. Though many think of central bankers as stogy and uncreative, the Fed has been quite… Read More Federal Reserve Economic Stimulus Plan Goes Negative!
The Great Recession Blog by David Haggith January was the winter of our discontented stock market. It was the worst January since 2008, when the Great Recession officially began. It was, in fact, the worst January in the history of the New York Stock Exchange. According to Citigroup, Inc., it was also the worst January ever… Read More Irrational Exuberance in Stock Market Knows No Bounds
The Economic Collapse by Michael Snyder As stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in than anyone else. When the Federal Reserve pushed interest rates all the way to the floor and injected lots of… Read More The Federal Reserve Just Made Another Huge Mistake
The Great Recession Blog by David Haggith As stock markets all over the globe start the week with more cliff diving, following their worst opening week in history, I’d like to take this opportunity to jam my finger in the central bank’s eye. The Federal Reserve’s recovery plan — which I’ll call “Goliath” because of its giant monetary expansion — is now… Read More Global Stock Market Crash Goes Wild As Fed Goliath Dies