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Albert Edwards Thinks Maybe Yellen Will Channel Capone, “Massacre” Markets With “Machine Gun” In Valentine’s Day Testimony
When last we checked in on SocGen's interminable bear, the (still) lovable Albert Edwards, we found him defending the Trump administration's apparent zeal for "doing what they said they would do."
"Donald Trump is arousing as much passion in office as he did on the campaign trail," Edwards wrote. "Agree with him or not, unlike most politicians he seems determined to actually enact the things he promised the electorate."
Of course that's complete bullsh*t as Matt Drudge (of all people) noted on
The hourly wage in the employment is not really the best number for this the wage tracker a the Atlanta Fed is much better, and probably more important to Yellen https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx?panel=1