If You've Got Gold, You've Got Money!
How the Fed Fixed the Repo Crisis by David Haggith for The Great Recession This week’s results in the Fed’s repo-market interventions in one fell swoop proved everything I’ve said about the Fed’s intervention being QE4ever. The following results show...
Virus Impacts an Economy Already in Decline before the Crisis by David Haggith for The Great Recession The soup lines hadn’t formed yet. Jobs had not even noticeably started to dry up, but they weren’t as easy to find anymore....
The Bailout Bonanza is Back! (Pt 3: Boeing Goes Boing Like a Bad Check) by David Haggith for The Great Recession Boeing is a prime example of bailouts going bonkers. It flew to the government’s fuel pumps fast like a...
The Bailout Bonanza is Back! (Pt 2: Hedge Hogs Demand More!) by David Haggith for The Great Recession The emphasis has to be on HOG as they squeal for corporate welfare and push their snouts into the trough. One hedge...
Where Will the US Stock Market Crash End? by David Haggith for The Great Recession As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has...
Short Take on the Long Line to Recession by David Haggith for The Great Recession Just as stocks were taking a morning breather while I was enjoying my coffee as I wrote down these first Coronacrisis recession stats, Goldman Sachs...
The Bailout Bonanza is Back! (Pt 1: The Commercial Paper Crisis) by David Haggith for The Great Recession I’ll lead off with a brazen display of SHAMELESS bankster greed. Banks absolutely MUST HAVE all bailouts go to them. When the...
How Dead is the Fed? by David Haggith for The Great Recession You can only be so dead, and that’s just “plain dead.” But there is also Feddy Krueger dead. The kind of dead that keeps on happening like a...
Big Bond Bubble Begins to Blow! by David Haggith for The Great Recession The bust is on! Not only is the stock market crashing like never seen before (Dow down 3,000 points today!), but there are now deeply distressing breaks...
The Big Trump Dump! Dow Down 3,000 Points! by David Haggith for The Great Recession Today’s crash wiped out almost the entire Trump Rally, going back to the day “The Donald” was elected President of the United States. The stock...
Did Trump Trade Wars Just Escalate to Germ Warfare? by David Haggith for The Great Recesion If you break down what President Trump said and did, it smells a bit like economic warfare that has capitalized on the coronavirus outbreak....
FuBEAR! Stocks Crash into Bear Market Faster than 1929! by David Haggith for The Great Recession The bear roared today, ripping the ears off everyone, as the Dow and Russel 2000 both landed more than 20% below their last peak....
Dow Crashes 2,000 Points in Record Day! The Bear is at the Door by David Haggith for The Great Recession Today was the greatest crash in Wall Street history by one measure, and took down many other milestones. The Dow plunged...
WHO Raises Death Rate and Risk of Coronavirus; One Expert Declares “WWII!” by David Haggith for The Great Recession The World Health Organization now says the death rate of the new coronavirus is significantly higher than influenza, though much lower...
