Former Wall Street money manager Ed Dowd is a skillful financial analyst who said in May the economy was skidding. Now, Dowd predicts the economy is poised to “roll over” and soon.
Why is the Fed cutting rates with a record high DOW? Maybe they see the same thing he does. Dowd explains, “Real weekly wage growth was minus 2% going into the election. It is also interesting to know that minus 2% number of wage growth was also in 1980 when Ronald Reagan won in a landslide and also in 1992 when Bill Clinton won in a landslide..."
"I have never seen such blatant manipulation of government statistics.
There is government spending and government hiring to paper over what is truly a bad economy for the average man. When I was asked prior to the election who do you think will win the election, I said Trump has already won, according to the economic statistics. That’s why he won. Bobby Kennedy helped along with Elon Musk, Joe Rogan, lots of people switching and what have you. What really got Trump in was the economy, the real economy, not the stock market.
It was not the ‘everything is hunky-dory’ pablum from the mainstream media.
The real economy has been rolling over, and we are just waiting for the financial markets to figure this out.
When they do, Trump is going to inherit a turd of a financial market crisis.
Government statistics will be updated, and it will show we started a recession sometime this year...
The incoming Trump Administration has to get out in front of the narrative. This was already baked into the cake. They just got handed fraudulent books. So, they are basically going to get blamed for what is coming.
They have to get in front of the narrative and talk about what they were handed. They need to talk about how the stock market is not a real indicator of economic health like it was before the days of raw manipulation.”
[ZH: We have been endlessly reminding readers for the last six months that the 'always positive' macro headlines that appear every day after almost ubiquitously revised down in later months, hiding the reality that set the scene for Trump's almost unprecedented victory in the election - despite the endless charade promoted by legacy media that 'everything was awesome', it clearly wasn't (and isn't) and the rug-pull is coming.]
The other big problem that Trump needs to get in front of is the CV19 bioweapon vax disaster. Dowd says, “We have been monitoring and tracking excess deaths, disabilities and injuries such as heart attacks, neurological problems, cancers and liver issues..."
" There is a whole host of issues that have gone off the charts since the introduction of the Covid vaccines.
As of 2023, there was about 1.2 million excess deaths in the US. There were about four million disabilities and about 32 million injured. . . .
Our calculations, conservatively speaking, are 8 million to 15 million dead globally, 40 million to 60 million disabled and 500 million to 900 million injured where their immune system is so compromised that they are getting sick all the time. You’ve got to think about it as a funnel. Most of the numbers are injured, and then the next level down are disabled and then dead. People can funnel down from one category to the next.
We have a problem here because we have 10% to 13% excess mortality currently running. . . . We are running once in 200 year flood numbers in 2024. . . . This is not over.
It is going to stay with us for decades. The way to mitigate that is there needs to be national awareness so people can treat the problems they have. This is the biggest healthcare failure we have ever seen. We need to pull the mRNA vaccines and have a global truth moment...
We continue to go along with a wink and a nod to pretend there is not a problem. We are not going to talk about Covid and the mRNA vaccines, and in my mind, this is unethical, immoral and criminal.”
Dowd also talks about the US dollar that is not going away anytime soon, gold that is topping out –for now and how we need to deal with massive amounts of debt.
There is much more in the 42-minute interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with money manager and investment expert Ed Dowd, author of the updated book called “Cause Unknown: The Epidemic of Sudden Deaths in 2021, 2022 and 2023” for 11.9.24.
