Energy

The insane policies of reducing nuclear and coal-fired power generation while adding more natural gas and green energy are pushing the world over the energy cliff.  I spoke about this with Palisades Radio, Doomberg, and the Market Sniper in our five-discussion on Twitter spaces this past Friday.  Tom at Palisades will be putting out a Youtube recording of this chat shortly…

The U.S. and global economy are heading towards a massive recession while the broader stock markets continue to believe in GREEN SHOOTS and HOPIUM.  Not only are U.S. auto sales down considerably this year, they just simply COLLAPSED in May.  Also, the popping of the Mighty U.S. Housing Bubble has begun as home inventories are now back on the rise.  This all points to a large Disinflationary Wave…