Edward Dowd argues the U.S. is already in a technical recession, with a stock market propped up by seven mega-caps while the real economy weakens—housing cooling, layoffs rising, and credit tightening. He warns insiders are dumping shares as retail piles in, predicts a deflation scare with oil dropping to $30, and expects massive Fed QE to follow. Dowd recommends holding cash and treasuries, sees the dollar surging, and forecasts gold hitting $10,000 by 2030.
Ed Dowd: We’re Already in a Recession, Oil Going to $30 & The Deflation Scare Coming
