Never Seen Risk Like This Before in My Career – Ed Dowd

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

 Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned in December we were “At the Beginning of Credit Destruction Cycle.”  Renowned hedge fund BlackRock was the latest victim of credit destruction with this week’s headline that said, “BlackRock Private Credit Fund Crashes 13% After $150M of Loans Go Bad.”  Dowd is right—again.

It’s going to get a lot worse, according to Dowd’s latest report called “US Economy Outlook 2026.”  Dowd says, “This is a big call, and what is going to happen does not happen that often.  We will try to call the bottom in the future, but right now, I have never seen risk like this before in my career.  This has been