GDP Ain’t What it Used to Be!
GDP Ain’t What it Used to Be! by David Haggith for The Great Recession Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not...
Author: David Haggith
Bubble Bubba Isn’t Doing Fine Anymore
Bubble Bubba Isn’t Doing Fine Anymore by David Haggith for The Great Recession Let’s take a look at how the average consumer is doing. I’ll call this typical consumer “Bubba” because I just read an article that claimed “Bubba’s doing...
The Bull is Dying
The Bull is Dying by David Haggith for The Great Recession Oh my gosh, what a load of BULL I keep reading among the gurus who whine about negative headlines and complain that this unmerited negativity is the only thing...
When will we win? Chinese trade victory is a mirage
When will we win? Chinese trade victory is a mirage by David Haggith for The Great Recession The following is my recent argument with yet one more market analyst who can’t see straight, even when his article overall was admitting...
And That’s How it All Came Down
And That’s How it All Came Down by David Haggith for The Great Recession The market is moving into waiting mode as the Fed’s next FOMC meeting where they have the opportunity to live up to the rate-cutting hopes they’ve...
Reading the Next Recession: Will the Great Recession 2.0 become The Great Depression II?
Reading the Next Recession: Will the Great Recession 2.0 become The Great Depression II? by David Haggith for The Great Recession Here is a journey in photos and facts to compare the present Great Recession with the past Great Depression...
The Drip, Drip, Drip of Recession
The Drip, Drip, Drip of Recession by David Haggith for The Great Recession News of significant recessionary drops in the US became as relentless this past week as the ping, ping, pang of drips from a leaking ceiling hitting pans...
The Fed’s Final Bullet Hits ‘Em in the Foot
The Fed’s Final Bullet Hits ‘Em in the Foot by David Haggith for The Great Recession The Fed’s missteps and flip-flops this week tripped up multiple markets. After accidentally announcing their ammo is down to one last bullet against recession,...
It’s Been a Great Recession for a Few; Let’s Do it All Again!
It’s Been a Great Recession for a Few; Let’s Do it All Again! by David Haggith for The Great Recession This month the economic expansion brought to you by your Federal Reserve and by US government largess becomes the longest...
A Long Shadow Creeps over the Economy This Summer
A Long Shadow Creeps over the Economy This Summer by David Haggith for The Great Recession It’s time to turn around and see the darkness that the Fed sees looming over you. Earnings season is already extending signs of recession...
Chairman Powell Moves toward my Recession Prediction and Helps Trump Trade War
Chairman Powell Moves toward my Recession Prediction and Helps Trump Trade War by David Haggith for The Great Recession The bears that are gathering will soon enough be picking flesh off the sun-bleached bones of this market. Even the Fed...
Stock Market Pigs Hold Powell Hostage to Deliver the Bacon
Stock Market Pigs Hold Powell Hostage to Deliver the Bacon by David Haggith for The Great Recession Stock market investors, hungry for more pork, are demanding Fed Chair, Jerome Powell, land on their table on a silver platter with an...
Trump’s Fourth-of-July Crowd Matches His Huge Inauguration Crowd
Trump’s Fourth-of-July Crowd Matches His Huge Inauguration Crowd by David Haggith for The Great Recession Right after Trump’s inauguration, I ran an article about how incredibly fake the news coverage was about his inauguration. (Those reading my site know I’m...
Ten Big Steps down the Road to Recession
Ten Big Steps down the Road to Recession by David Haggith for The Great Recession First, a decline in manufacturing, and then a slump in service industries, now a broad-spectrum inversion of the yield curve hitting its most critical metric...
Iranium ConFUSION Part 2: What we Know, What we Know we Don’t Know, and What we Wish we Knew
Iranium ConFUSION Part 2: What we Know, What we Know we Don’t Know, and What we Wish we Knew by David Haggith for The Great Recession If you’re a Trump supporter, you’re going to hate this article and love it;...
Cleaning up after the China Trade Summit Looks Exactly Like I Said it Would
Cleaning up after the China Trade Summit Looks Exactly Like I Said it Would by David Haggith for The Great Recession That didn’t take long. On Saturday, well before the US stock market opened post-China-trade-talks, I wrote: The next step...
Best-Case Scenario Has a Worst-Case Twist
Best-Case Scenario Has a Worst-Case Twist by David Haggith for The Great Recession So, I did say my “worst-case scenario” did not seem like the most likely scenario to play out from the G-20 summit. Now we know my “best-case...
Iranium ConFUSION Part 1: The costs of war and the likelihood of quick victory
Iranium ConFUSION Part 1: The costs of war and the likelihood of quick victory by David Haggith for The Great Recession President Trump stated on Wednesday that a war with Iran will be fast and easy. Let’s hope that means...
Market Mania Bets the Cash Registers Go Xi Ching!
Market Mania Bets the Cash Registers Go Xi Ching! by David Haggith for The Great Recession The S&P 500 is up 18% and powering toward its biggest first half since 1997. For bulls, things are great. Will they get any better? To...
Market Mayhem is Due to Truly Perfect Storm for 2019 Recession
Market Mayhem is Due to Truly Perfect Storm for 2019 Recession by David Haggith for The Great Recession “The perfect storm” has become a cliché, but the current setup for a 2019 recession just became so text-book perfect in alignment...
Frothy Bubbles Make Me Whine
Frothy Bubbles Make Me Whine by David Haggith for The Great Recession These are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the churn...
Breaking China Not as Easy as Toppling Tijuana
Breaking China Not as Easy as Toppling Tijuana by David Haggith for The Great Recession A bump from Donald Trump’s thump on Mexico’s head is causing the US stock market to swell this week. Trump tariffiedthe market last week because...
These Three Major Stock Bear Markets are Still Roaring
These Three Major Stock Bear Markets are Still Roaring by David Haggith for The Great Recession The 2018-2019 stock bear market is still roaring among several major indices. It has broken all the market’s FAANGs and still shows no signs...
You Know Things are Falling When…
You Know Things are Falling When… by David Haggith for The Great Recession …when the stock market’s decade-long bottom trend becomes its new top trend and then it can’t even make it back up to that line as a top...
