The Daily Doom

Economic, Social and Political News about the Great Collapse

Economica (stocks in bondage, bonds in the stockade, market madness, etc.)

Dow climbs 20% from low as stocks rally and inflation fears ebb

Wall Street Preps for Year-End Stock Rally as Volatility Plunges

Chicago PMI Collapses To COVID-Lockdown Lows, Screams 'Recession'

Ugly JOLT: Job Openings Plunge By 353,000 As Hiring, Quits Tumble To Multi-Year Lows

Layoffs Begin at CNN Amid Warner Bros. Discovery Cost-Cutting Plan

Labor market still showing many signs of supply-side tightness

Applications for jobless benefits decline last week

Powell went hawkish but markets read dovish

Kroger raised its forecast for the year after stronger third-quarter sales topped Wall Street expectations 

India may become third-largest economy by 2030, overtaking Japan and Germany

China Acknowledges Steeper Manufacturing Slowdown in November

Housing Bubble Bust 2.0 (including commercial & global real estate)

Housing Demand "Vaporized" After Rates Hit 7%...And A New Wave Of Inventory Is Next

US Pending Home Sales Plunge To Biggest Annual Drop Ever

Money Matters (monetary policy, gold, silver, cryptos & currency wars)

Broke and down to one credit card: Former FTX CEO Sam Bankman-Fried claims he committed no fraud

Kraken crypto exchange to slash more than 1,000 jobs as FTX turmoil spreads

Gold Stocks & Gold: A Bullish Divergence

Emperor Gets Serious About Gold

Famished & Enflamed (sanctions, shortages, famines & fires)

Russian oil sanctions are about to kick in. And they could disrupt markets in a big way

Oil Price Cap Unlikely To Hurt Russia’s Revenue

Russian Upstream Oil And Gas Investment Set To Plunge By $15 Billion

Copper Mining Growing at Last, But Now Smelters Can’t Keep up

French Grid Operator Warns Of Power Cuts This Winter

Europe’s Energy Security To Be Tested As Temperatures Plummet

Overinflated (too much money chasing too few goods)

Key inflation measure that the Fed follows rose 0.2% in October, less than expected

Euro Inflation Minus Energy Rages to New Record. Overall CPI Second Worst Ever

Why 2023 Is Likely To See Much Higher Oil Prices

War, Cyberwar, Civil Conflicts & Unrest

Bombing At Ukrainian Embassy In Madrid Has Diplomats On High Alert

Russian warship deployment puts Ukraine on high alert; Belarus says army must prepare for ‘defense’

In largest wave of civil disobedience since the 1989 Tianamen protests, Protesters Clash With Hazmat-Clad Riot Police Over Lockdowns

Homeland Security Warns of Domestic Threats to LGBTQ, Jewish, Migrant Communities

Politics & Social Decay

New Disney CEO Wants To “Quiet Things Down” but Stays with LGBTQ Agenda

Biden casts minor doubt on '24 run: 'Don't know about that'

Biden world once ignored Marjorie Taylor Greene. Now it wants to make her the face of the GOP.

AZ County's Refusal to Certify Election Results Could Cost Republicans House Seat

“I don’t believe he will ever get 218 votes”: GOP rebellion threatens to kill McCarthy speaker bid

House Democrats elect Rep. Hakeem Jeffries as leader, the first Black person to lead a congressional caucus

Trump Organization's criminal tax fraud trial heads to closing arguments

Globalism, Authoritarianism, Invasive Government & Censorship

Musk: Twitter Has "Interfered In Elections"

Europe warns Musk he’s top of their watch list for allowing “Covid misinformation”

Twitter must comply with Europe’s platform rules, EU digital chief warns Musk in virtual meeting

Lawyer fired for expressing support for Dobbs decision during conference call expressly set up to discuss the Dobbs decision

Winds of Change (extreme weather, climate change & green energy)

Maryland county first on East Coast to ban natural gas heat for new buildings (boosting pressure for more wasteful and polluting flare-offs)

EPA Quietly Quadruples Regulatory Cost of Carbon Emissions

A Pox Upon Us (the plagues & pandemic policing of the 2020’s)

Early Flu Outbreak Affects 6.2M in US, Worst in Decade

Off-the-Beat or Just Plain Offbeat News

Lava from Mauna Loa is less than 4 miles from a key highway. Officials say they have a plan in case the road closes

Prayers? Bombs? Hawaii history shows stopping lava not easy

Doomsday preacher claims 'everyone being offended these days' signals the end of time

AP top 2022 photos capture planet bursting at seams

Inside Elon Musk’s Neuralink tests that left 15 of 23 monkeys ‘dying & chewing off fingers’ as Twitter boss readies HUMAN trials

Fleetwood Mac “Songbird” Christine McVie Dead at 79

Astronomers ‘Troubled’ as New Satellite Outshines Most Stars in the Sky

Creative Collapse (cartoons, humor & other creative expressions)

Fired Twitter Employee Applies For First Real Job