Storming into WWIII
With Israel launching major attacks on West Bank towns in the past 24 hours, Houthis blowing up oil tankers full of oil, and Belarus…
Musk the Martian Man Seeks to Integrate AI…
There are mad scientists and then there are bad scientists. Elon Musk is both—as mad and as bad (evil-wise) as you can get. Musk…
Major Japanese Bank Sets Crash Course for American…
Is the next big bank to collapse coming from Japan? One of those too-big-to-fail banks just announced it is plotting a crash course. It…
Economic Collapse is Stalking us Like Death
My longtime prediction that the Fed will not be able to kill inflation without destroying the economy is showing itself true in articles about…
The Federal Reserve Is About to Go Full…
According to an article on Yahoo! today, the top banana in finance, J. Powell, has already decided to go full bananatard. It is the…
Forget the Black Swans; the Vultures already Circling…
Jamie Dimon never saw a dying bank he didn’t want to eat. Yet, while I think that Dimon’s name should be pronounced less like…
Anniversary Edition: Federal Reserve Posts Its First Operating…
The following article was originally published as one of my “Deeper Dives,” which only paid subscribers can read, though I made the introduction available…
Powell Says “There WILL be bank failures”
“Today just feels different,” one JPMorgan trader warned in a note to his clients this morning. “Fundamental long-term money is selling. I can’t help…
Why 2024 Will Be “The Year of Chaos”
Many of us thought 2023 was a horrible year, and we are glad to bid it good riddance. 2024 certainly has started off as…
US Central Bank Drains Money At Rate Comparable…
Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following…
Government Inflation Numbers: An Outright Lie!
While I’m going to wait until the weekend in my “Deeper Dive” to lay out what really happened in beneath the surface of CPI…
The Consumer is Being Consumed; So Is the…
The fires of inflation and the fires of war are ripping the world apart. Today’s news reveals both are getting worse. The inflation inferno…
It’s All Collapsing Now, and There is No…
The Big Bond Bubble is bursting rapidly now, and it’s taking everything down with it, thanks to Fed inflation forcing the demolition of all…
It’s All Coming Down! All 3 Biggest Bubbles in…
News of new jobs is supposed to be great, right? So, what kind of weird world do we live in when it is considered…
The Recession is Here!
Originally published in The Daily Doom. In this weekend’s “Deeper Dive” I laid out the facts and meaning of our first notable rise in…
Why Americans Are Getting Poorer
thedailydoom.com Two stories in today’s news combine to illustrate how bankrupt American thinking is. One is a story about how Americans cannot stop living from…
It’s Happening: Bond Yields Soaring, Banks Sliding, BRICS…
This morning US Treasury yields rose above yesterday’s high close. Now they are hovering right around it. Yesterday put the 10YR Treasury — fundamental…
The BRICS Are Cracked
Boy, the news this week couldn’t be doing a better job right out the gate in aligning with the “Deeper Dive” I published yesterday…
The Worst Drought is in Truth
David Haggith Jul 20, 2023 The S&P and Nasdaq finally took a real fall this morning upon some bad earnings reports. Funny thing is,…
The Epocalypse: We Are in the Throes an…
In the past, I’ve called this event the “Epocalypse” because it will be epic in scale and will eventually be seen as a new…