Tag Archive for: Brent Johnson

World To Drown in U.S. Debt – Pushing Rates WAY UP; Moody’s Downgrades U.S. Debt; Bond Auctions Fail! But Rates Fall??? Why???

EVERYONE and I mean EVERYONE is in a panic over our massive deficits and the subsequent borrowing by the U.S. to cover them – because it has the potential to push interest rates through the roof! Last week alone, Moody's downgraded U.S. Debt (or lowered its bond rating over deficit concerns) and a Treasury auction "failed," meaning there were not enough buyers for our Treasury bonds at the offered rates.Read More

The Death of Inflation; Some Fascinating & Necessary Perspective

Today’s inflation report came in surprisingly tame, despite rising energy prices. It is another indication that inflation is clearly waning, as both Jeff Snider and Barry Habib have been predicting for some time.Read More

A Debt Ceiling Default Will CRUSH Housing, Mortgages, and … the Entire World Economy!

The dreaded debt ceiling crisis has been in the news now for a few months, and it is scaring the heck out of everyone for a very good reason. If the debt ceiling is not raised by early June, home sales will come to a standstill, mortgage rates will shoot through the roof, and the economy will pretty much collapse.Read More

Recession, Depression, Soft Landing, High Rates, Low Rates – Who Do We Believe?

In late 2020, I was having lunch with several mortgage bankers who wanted to celebrate the success we were all having – as we were all enjoying unimaginable record profits. I, however, was not in a celebratory mood, telling them that rates would likely approach 8% in the coming years and that we needed to streamline and get much more efficient.Read More

Is the U.S. Dollar Going to Die? Does It Matter?

At some point the U.S. Dollar will likely crash and lose its reserve currency status – sending the entire U.S. economy into a tailspin. Throughout history, the world’s most powerful […]Read More