Kansas City Should Probably Get Ready For Latest Recession

Blame whoever you'd like . . . It's not gonna matter.

Our blog community has actually been ahead of the curve on this one because political hacks didn't want to see reality at the outset of the Iran war. 

So here we are . . . By all means . . . We'd be more than entertained by theories about economic resiliency but we're just not seeing that on local streets where gas just crossed 4 bucks a gallon. 

In the meantime, here's what has sparked the attention of global markets . . .  

In a recent interview with Business Insider, Shilling warned that a U.S. recession is "almost inevitable" by year-end, driven by a "frozen" housing market, corporate investment indicators and a weakening consumer base.

"Stocks are very expensive and there probably is a major correction coming somewhere in the relatively near future," Shilling said. "A decline of 20% or 30% is no big deal by historical standards. So I would say that's probably in the cards."

Read more via www.TonysKansasCity.com links . . .

Legendary economist known for 1969-70 recession prediction warns downturn may hit in 2026

Gary Shilling, the legendary economic forecaster, warns a U.S. recession is "almost inevitable" by year-end, pointing to frozen housing and a weakening market.

Ken Griffin warns prolonged Hormuz closure will spark global recession (USO:NYSEARCA)

Ken Griffin warns a prolonged Strait of Hormuz closure could spike energy prices and trigger a global recession.

Nick Fuentes: "Absolutely anybody, especially anybody that watches my show, would prefer that we undergo another Great Recession or Great Depression if we could be in a white country"

From the May 4, 2026, edition of America First, streamed on Rumble NICK FUENTES (HOST): You're telling me that the only thing that is going on is there's a lack of economic opportunity and we're - we happen to blame the immigrants? That's not what is happening at all.

Are we already in a global recession?

The numbers say we're not yet in recession but the data could be hiding a nasty reality. On this episode of The Dip, we're looking at the risks to Europe with Guntram Wolff from the Bruegel Institute and the Americas with Ricardo Hausmann, all to answer the question: Are we already in a recession?

Developing . . .