News From the Booming Obama Economy
Bill Quick

More Young Adults Live With a Parent Than With a Spouse, Partner – Breitbart   Yep.  Just the sort of thing you’d expect to see from a healthy, booming Obama economy.   But #NeverTrump.  Because we need more great news like … Continue reading

Obama Economy: 38% WORSE Than That of the Great Depression!
Bill Quick

Voters Think Trump Would Be Better for Economy – Or Would He? – Rasmussen Reports™ The U.S. economy historically has had an average growth rate of 3.3% but has fallen short of that number in every year of Barack Obama’s … Continue reading

Obama Made It Worse, Of Course
Bill Quick

SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth The rate of real economic growth is the single greatest determinateof both America’s strength as a nation and the well-being of the American people. … Continue reading

Depressing Truth
Bill Quick

Dow posts biggest quarterly comeback since 1933 Investors just love Great Depressions. So do the super-rich, who get to buy up everything else for pennies on the dollar. UPDATE:  Meanwhile, back in the real world… Walmart’s first-ever revenue drop: end … Continue reading

Welcome to the Depression – Again. Still.
Bill Quick

Yellen Says Caution in Raising Rates Is ‘Especially Warranted’ – Bloomberg Business Federal Reserve Chair Janet Yellen said it is appropriate for U.S. central bankers to “proceed cautiously” in raising interest rates because the global economy presents heightened risks. Wait, … Continue reading

Here We Go. Again.
Bill Quick

Instapundit » Blog Archive » CHOCOLATE RATION INCREASED: Previously Owned U.S. Home Sales Decline More Than Forecast. Closings… The Administration’s response to the popped real estate bubble was to blow the bubble back up, and now younger buyers are getting … Continue reading

Depressing
Bill Quick

Meh: US added 151,000 jobs in January « Hot Air Update (Steve Eggleston): I have a couple quick points.  First, on the “not in labor force” front, it is a seasonal phenomenon related to year-end retirements, and in the case of … Continue reading

Depressed, Yet?
Bill Quick

4th Quarter Growth Rate Falls to 0.7 Percent Obviously the question is whether this is the crash landing signalling a new recession (which itself would be confirmation that we’ve just been scootching along in a Depression) or if we return … Continue reading

Bracing For?
Bill Quick

The Market Is Bracing for a Global Recession – Breitbart From Myles Udland writing at Business Insider: Financial markets seem to be bracing for a global recession. According to analysts at Citi, financial markets are moving toward pricing in a global … Continue reading

DJIA Down Another 400 Points Today
Bill Quick

U.S. stocks close sharply lower on China worries – MarketWatch U.S. stocks closed sharply lower on persistent worries about the health of the Chinese economy and slumping oil prices. The main indexes are down nearly 10% from their peaks in … Continue reading

You Don’t Say…?
Bill Quick

Macy’s to slash 4,800 jobs and close 40 stores after disappointing holidays – LA Times After a disappointing holiday season, Macy’s Inc. said Wednesday that it planned to cut about 4,800 jobs and close 40 stores as part of efforts … Continue reading

Big Bang Coming
Bill Quick

Scholar: Financial Markets, CIA Ignored Demographics, Overestimated China’s Economic Growth Potential – Breitbart You know, here at Daily Pundit, we’ve been talking for years about China’s obvious, albeit somewhat concealed by phony numbers and a controlled domestic media, demographic and … Continue reading

Is This Why Donald Trump Will Be the Next US President?
Bill Quick

December 16, 2015—–When The End Of The Bubble Begins | David Stockman’s Contra Corner When the US economy joins the worldwide slide into deflationary recession some time next year, this will all be academic anyway. Sad to say, but Trump … Continue reading

Trump Sounds Warning of the Obvious – Though Most Won’t See It That Way
Bill Quick

Trump Warns Of Stock Market Bubble, Looming Recession Donald Trump warned of a stock market bubble on the verge of bursting, and slammed the Dodd-Frank financial regulations, which were roundly praised by the 2016 Democrats during their first primary debate … Continue reading

Your Saturday Dose of Depression
Bill Quick

If you subscribe to the Generations theory of a historical American cycle that climaxes in twenty years of depression/war crash-n-burn every 60 years or so, that will probably require a series of absolutely terrible leaders making absolutely suicidal decisions over … Continue reading

Life In Obama’s Recovery America
Bill Quick

RAW VIDEO: Thousands Line Up For Section 8 Housing In Norwalk « CBS Los Angeles NORWALK (CBSLA.com) — Thousands of people lined up Monday morning for the chance to apply for low-cost, government-subsidized housing in the city of Norwalk. Officials … Continue reading

How Do You Say “Happy Days Are Here Again” In Mandarin?
Bill Quick

“Keep Reporting On Bright Economic Future” – China Ministry Of Truth Demands Media “Properly Interpret” Data | Zero Hedge The following censorship instructions, issued to the media by government authorities, have been leaked and distributed online. As China Digital Times … Continue reading

It Will Happen When It Happens – But I Do Think It Will Happen
Bill Quick

A Flock Of Black Swans | Zero Hedge Major depressions do not occur overnight. They go in downward waves, interrupted at intervals by false recovery waves. The first major event of what would become the Greater Depression took place in … Continue reading

The Full Employment Ploy
Bill Quick

Doug Ross @ Journal: The Government is Lying About U.S. Unemployment According to the Obama administration, more than 94 million working age Americans are “not in the labor force”, and so they don’t count as being unemployed… A record 94,031,000 … Continue reading

The Petrodollar Unwind
Bill Quick

Why The Great Petrodollar Unwind Could Be $2.5 Trillion Larger Than Anyone Thinks | Zero Hedge And while all of this may seem complex, it’s actually quite simple: less petrodollars coming in without a commensurate reduction in what’s going out … Continue reading

First, the Bad News
Bill Quick

Instapundit » Blog Archive » ANDY KESSLER: A Dearth Of Tech IPOs May Mask Bubble Trouble: Only eight companies backed by ventur… Today’s startups aren’t passing money in circles like this yet, though I suspect it will happen. With so … Continue reading

Maybe The Recession We’ve Been Due For Has Arrived?
Bill Quick

Failure to Thrive by Nicole Gelinas, City Journal Spring 2015 America’s economy has grown for nearly six years and with particular vigor over the last six months. Are you referring to the GDP contraction of .7 percent in the “vigorous” … Continue reading

Things Fall Apart. The Center Cannot Hold
Bill Quick

“There Are Big, Big Problems” – The Shocker Crushing The Economy Revealed | Zero Hedge Of course, in a world in which the only economic growth comes as a result of new credit entering the economy (as opposed to Fed … Continue reading

The “Black Swan” In the White House
Bill Quick

Articles: Thinking the unthinkable about Obama’s Middle East Policy What consequences could those be? Our species has a decent probability of unleashing a limited nuclear war within the next 12 months.  There would be mega deaths from the initial detonations, … Continue reading

A Lot of Ruin, Yes. But Not An Infinite Amount of Ruin
Bill Quick

The End is Kind of Nigh | For example, what is 1.1% yield on a Spanish 10-year government note if not an invitation for trouble? Or how about a 10-year German government note with a yield of 0.2%? It’s impossible … Continue reading