Tiny Trump Hands Deliver Teeny Tiny Tax Plan, US Stocks Collapse in Despair

The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a […]

You Got Trumped! Trump not yellin’ about Yellen anymore!

Having castigated Janet Yellen for keeping interest rates artificially low in order to help the Obama Administration keep a Democrat in the White House, Trump now likes Janet Yellen and likes low interest rates, too — so much so that he decided this week that it is finally time to […]

Getting Trumped and Thumped in Syria

As president Trump relishes telling the story, he was sitting with President Xi of China, who was enjoying a beautiful, huge slice of chocolate cake — the best chocolate cake you ever saw, which can be enjoyed only at Mar-A-Lago — when Trump decided it was time to launch 59 cruise […]

Base Jumping off the Stock Market’s Peak

According to Bank of America, there is no time to leap into the stock market like the moment before its cataclysmic fall. BofA’s Michael Hartnett has no doubt that the stock market stands on the edge of catastrophic collapse, but the euphoric rise before it takes the plunge could be the greatest […]

Trump Obamacare Repeal Blew Up Bigly Because of a House Divided Against Itself

Trump’s really big supporters openly grieved that the explosion of his emphatically promised Obamacare replacement bodes poorly for all of Trump’s plans. Fox’s Sean Hannity and Lou Dobb’s regaled the Republican party for failing to take the reins and lead now that the party finally has the chance to prove it can do what it […]

Will Mid-March Madness Maul the Stock Market in 2017?

Many of the 2017 economic headwinds I’ve described will hit during the Ides of March, just as the Trump stock-market Rally shows signs of topping out. This might not be the Great Epocalypse — not all at once anyway — but a large and likely correction is looming. I think the bear is about to be let out […]

2017 Economic Forecast: Global Headwinds Look Like Mother of All Storms

Headwinds that are starting to assail deep structural flaws in the US and global economies form the basis for my 2017 economic forecast, which looks like an all-out economic crisis building throughout the world. Some of these headwinds are global; some more locally focused within the United States, but that which brings down the US economy […]

2017 Economic Headwinds: Housing Bubbles Popping up and Just Plain Popping Everywhere

As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break that promised article out into several articles, as I’m accumulating material faster than […]

The Trump Triumph Changes Economic Predictions for 2017

The triumph of Donald Trump as the champion of a revolution against the status quo assures huge economic changes in the coming year, which I’ll list below. His victory struck a shocking upset to the globalists who have steered the last sixty or more years of world history, as I reported in an earlier […]

Arguing Immigration with a Compassionate Liberal -or- How to Twist Your Head into a Pretzel

Arguing with a liberal about the economic impact of rampant immigration will twist your brain into a pretzel. It inevitably goes something like this: “Illegal aliens and legal immigrants are taking millions of our jobs.” “No, they’re not.” “Then they’re all on welfare.” “No, they’re not. Even most undocumented workers are productive […]

The Inevitability of Economic Collapse

While I haven’t had the privilege of divine revelation, I do try to look at the forces that are in play that have the power to move nations economically. Two dominant countervailing forces right now are those who have George Soros nearly in tears — who make up the anti-global revolution — and […]

More Fake News: Media Contrived Photos to Diminish Trump’s Inauguration Crowd

Last week the mainstream media devoted huge resources of time and space to comparing photos of President Obama’s inauguration audience to photos of President Trump’s inauguration audience. Apparently audience size matters because major news media all over the US wouldn’t let go of the subject for an entire week. Their claims that Trump had a […]

A Davos Parable

A fanciful parable, so it may not be your cup of tea, but I’ll let you decide: Cirrus clouds wavered overhead like a circus big top billowing in a summer breeze. Sunlight filtered through, making it a warm, hazy afternoon for the kaleidoscopic disarray of people jumbled on the fairgrounds. […]

Fake News: The Fake-Stream Media Devours Itself

When their Anointed One lost the election, big television news networks and primary newspapers coined the term “fake news” because they were angry at alternative media for eroding deep into their domain. It was time to expose these fakers because audiences were fleeing to alternatives to establishment media as certainly as they fled to […]

“Hell Week II: The Revenge” Threatens Unrestrained Election Rejection

Late in 2016, I predicted the week after the election would be hell week as people revolted against the election results, and it was so. First, the mainstream media stared into living rooms in shock and awe as they reported with tear-brimmed eyes that the nation had not voted for the media’s Anointed […]

George Soros: The Man Behind the Mayhem

I have struggled to understand George Soros because he is a character riddled with contradiction. His push to break down borders by increasing immigration all over the world is undermining his desire to establish a unified Europe and a unified world. By pushing too hard, too fast, he’s creating obvious pushback. So, I decided to […]

2017 Stock Market Predictions: Trump Slump in January for Stocks

I begin my 2017 stock market predictions with a recap of last year’s predictions. In an article back in 2015 titled “The Epocalypse: What Will D-Day Look Like?” I predicted the Fed would raise rates on December 16th, 2015, and the US stock market would crash immediately. Counterintuitively, I said […]

Euronomics Decomposing, Raise a Glass of Cheer!

Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario […]

Obama’s Twilight Moves Against Israel May Foreshadow Move to UN Sec’y Gen

http://thegreatrecession.info/blog/obamas-twilight-moves/ President Obama’s UN declaration that Israeli settlements are illegal says this duck isn’t lame. It was not the finale of his closing months as president but the prologue to years ahead, pushing his legacy to where it can be carried out at the UN. Congressional leaders say the Obama administration […]

Irrational Exuberance in US Stock Market Grasps at 20K for Dow

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession? This burst of enthusiasm in response to […]