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Why the Fitch downgrade doesn’t make sense

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Fitch cuts US credit rating from AAA to AA+ Rating agency Fitch recently downgraded the US government’s Foreign Currency Issuer Default Rating from AAA to...

Why 2023 has to be worse than 2008 – Part 2

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The previous first part of the article can be accessed here Part 1. This is Part 2 Stars aligned for a 2008-style crash When I wrote...

Housing bubble 2022 is NOT Housing bubble 2008

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Why this housing downturn is nothing like the last one With the caveat that the Housing bubble (HB) 2022 is not yet officially categorized as...

Can Powell climb out of the Jackson Hole?

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US Fed reiterates its focus only on price stability In his recent speech at Jackson Hole (given below), Jerome Powell reiterated the overarching commitment of...

Are we at the Inception of an Inflationary Depression?

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The Great Depression was deflationary and the one we are living in the early stages of is going to be inflationary It is an acknowledged...

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