NoFluffBizRants

This website is used for posting daily business rants about the global economy, encouraging a political tailspin to each opinion. All points of view are welcome and will not be controlled by a moderator’s point of view. The blog supports business points of view from the Right (Conservative), Left (Liberal) and Independent political paradigms allowing guest authors to express their opinions regarding a potential upcoming recession.

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The authors of this blog vehemently predict a recession coming in 2026, and spiralling downwards in the months, quarters and years to follow. We request our authors to articulate their economic predictions backed by objective, factual events or statements. If you are interested in posting your economic political point of view to this site, please contact AppTouri.

Author: whitestginsberg

  • Goldman CEO gets it wrong!

    Last week the CEO of Goldman Sachs stated the economy is “still in pretty good shape” and appears poised to accelerate into 2026.

    Let’s revisit these numbers at the end of 2025 on 12/31/2025 to understand how David Solomon got it wrong.

    GDP- 3.8%

    https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-third-estimate-gdp-industry-corporate-profits

    Unemployment Rate-4.3%

    ****Watch the impact of machines replacing humans will have on the Unemployment rate****

    Stock Indexes:

    DOW- 46,758

    Nasdaq – 22,780

    S&P – 6,715

    The real question is: Why did David Solomon get it wrong?

    He knows the truth, specifically where the economy is heading as can be seen with this comment:

    “I wouldn’t be surprised if in the next 12 to 24 months, we see a drawdown with respect to equity markets … I think that there will be a lot of capital that’s deployed that will turn out to not deliver returns, and when that happens, people won’t feel good.”

    So why did David Solomon get it wrong?

    Answer: The hedge funds are lining up their own funds to take short positions in the market and make a pile of cash.

  • Government Shutdown Coming

    The imminent federal government shutdown is less than 24 hours away and it will have a catastrophic impact on the stock market in the last quarter of this year.

    Government shutdowns do not normally have a direct impact on the stock market as the eventual re-opening of the government is always factored in.

    Why would this government shutdown be different? and why would this have an impact on the Stock Market? 1 Answer:

    Labor Market and Increasing Unemployment

    Unemployment is already growing. Federal employees have already been laid off in droves earlier in the year. This government shutdown will have further impact to Federal employees, many of whom reside in the Washington, DC and the larger Virginia area.

    Combine the Government shutdown with the growing consumer pricing as a result of the tariffs, the recipe produces a very grim 4th quarter.

    The lack of spending and increasing unemployment is occuring at the worst time of the year: Holiday season when the global retail market is expecting spending to increase.

    The trends in the recent unemployment statistics have a direct correlation to the trends we experienced in 2008.

  • Treasury Yields Skyrocket Stock Market

    The major stock indexes broke multiple records over the past couple months due to the lowering Treasuring Yields. All the banter on this blog that the stock market will crash is just a bunch pessimism from negative nellies who are upset with the election results on 2024. Face the reality….the stock market will continue to break records.

  • Market Highs hit in May 2025

    All this doom and gloom propoganda on this blog about a recession under the new Administration is a bunch of bs. The US Economy just hit stock market highs in May 2025 erasing any of the losses in the first couple of months of this year. The GDP rose 4.6% in May.

    The Trump administration inherited terrible economic policies from the fools working with Biden Administration signing orders with an autopen. Biden was clueless and DOGE exposed frightening waste, fraud and abuse and immediately corrected it in the first couple of months of the new administration.

    There is no recession coming. We are now in control of our tarriff policy with the International community and the US will reach wealth consumption never imagined.