Castles in the sky?
Day: March 19, 2017
4 Days Later: Previewing The Week Ahead
Well, it’s Sunday which, at last check, means tomorrow will be Monday and that means a new trading week is upon us. It certainly seems like
There’s Trouble In Used Car Land
As regular readers are no doubt aware, we’ve been pretty keen on documenting the bubble that is subprime auto loans. In “As Subprime Auto Bubble
These Are The Fed’s Options To Avoid Another Taper Tantrum
” The 2013 “taper tantrum†also provides a reminder that the impact of balance sheet policy on financial conditions is uncertain and could be larger than our baseline estimate. We doubt the impact would be as large today—in 2013 markets misunderstood tapering as implying earlier rate hikes, whereas today markets would likely view earlier tapering as implying later hikes— but the risk is worth considering”
Study: Immigrants Commit Far Less Crime Than US-Born Citizens
“All immigrants are less likely to be incarcerated than natives relative to their shares of the population.”
Chart Check: Spot The Odd One Out
We’re going to pound the table, beat dead horses, shout from the rooftops, the whole nine yards on this, because what you saw over the
New Poll: Most Of America’s Youth See Trump As “Illegitimate” President
You can’t be saying that (if) you’re the president. That’s from Anderson, a 21-year-old student from Coconut Creek, Florida. See Anderson understands something that Dominique (who I introduced
Reliving Two Of Fox & Friends’ Greatest Achievements In Bigotry
One of the more amusing stories last week (well, I guess it’s technically still “this” week, but you know what I mean) revolved around Iowa Republican
Deutsche Bank: “The Probability Of A Negative Shock Is High”
In case you needed a reminder of just how long it’s been since this market has had a meaningful pullback, allow Deutsche Bank to illustrate
Sunday Humor? “One Good Reason To Hike Rates Is That It Makes It Easier To Cut Rates”
Boy, oh boy. We’ve really had to recalibrate the way we think about things in the post-crisis world. On Saturday we noted, with more than a
