Executive Summary

Why we know that something really BIG has the Fed freaking out
Why the risk of systemic breakdown is uncomfortably high
The key charts that tell the tale: recession ahead!
Why, this time, the Fed will fail

If you have not yet read Part 1: The Fed Is Lying To Us , available free to all readers, please click here to read it first.

Touring through the global and domestic US macro economic data, it’s easy to determine that mounting recessionary forces are in play. Everything from sentiment, import/export data, (the lack of) credit growth, shipping rates -- all are in alignment; the economy is weakening. The responses of the Federal Reserve and Donald Trump are in alignment on one facet of the story; both desperately want the US stock markets to go higher. Trump applies strategic Tweets each day to that effect, and the Fed is printing $2 billion a day in their effort to cause stocks to go higher. I think they fail this time. Adding up all the data and risks and I clearly see that...