David Haggith
Market Commentator & Financial Writer
David Haggith publishes The Daily Doom and writes satire. The Daily Doom contains economic, social, and political news about our troubled times--a non partisan weekday collection of the most consequential stories about our complex times with insightful editorials and weekly economic analysis. As an equal-opportunity critic of America's sharply divided, two-ring political circus, David divides his satire into sister publications so you can pick the one you find agreeable and ignore her sassy sister.
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David Haggith Articles
It’s time for a report card on my 2025 predictions. No sense moving ahead with where I see 2026 going until we see how 2025 went. I try to look back each year to see if I’m getting off track or still staying on course.
Many more stories about the Epstain scandal rocked the Trump White House over the Christmas break as over a MILLION new files were suddenly found out of nowhere, requiring (I kid you not) the sudden mass hiring of people with no experience...
While inflation was—nearly everyone agrees—likely hotter than reported, the report, itself, was deeply chilling. You won’t have to trust me on how bad it was. I have many to quote from, and the usually mild-mannered economist I respect...
As Trump settles down from his recent raging against voters for being obsessed with inflation, having claimed inflation was now a Democrat hoax, one of the articles talks about both the inflation that is happening and the inflation that is...
The economy has, according to ISM (the Institute for Supply Management), been contracting ever since Trump took office. Manufacturing has shrunk for nine months in a row, and while production saw a tiny bump in October, new orders have...
Tariffs aren't hurting anyone, but businesses are folding, people are getting laid off in large numbers now; and, while the government deficit is growing faster than ever, tariffs will pay it all off.
Adam Taggart, in his interview below with Freightwaves’ Craig Fuller, says Fuller’s take on the economy sounds stagflationary, the word I’ve been promising we would see. This is the guy who more than just about anyone has his finger on the...
The Supreme Court, exhibiting skepticism about the legality of Trump’s tariffs, showed that even they understand that the tariffs 1) are a tax and that they 2) are a tax on Americans. Even the most conservative justices did appear not buy...
Two red lights flashed on Friday in the world of central banks—one at the US Federal Reserve and one at the Reserve Bank of India. You’ve heard me refer back to the repo crisis of 2019, which forced the Fed to leap back into doing massive...
The only thing remarkable about the Powell Presser after the Fed decided predictably to lower interest rates one more time was his naive claim that AI stocks are nothing like the dot-com bubble.
