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Wall Street Journal: Trump, GOP Now Have A $1 Trillion Problem
Well, it's official. I've run out of ways to paraphrase myself re: the reflation narrative and the damage the failure of the GOP health care bill inflicted upon that narrative.
But I'm going to give it a shot anyway because I need to introduce a good Wall Street Journal opinion piece that should maybe be on your list of "must reads" on Monday.
This whole thing - the "Trump trade" - rested on reflation. All of it. Higher yields, a stronger dollar, rising stock prices, buoyant financials, outp
The “freedom caucus” (funny name one of those false narratives I guess) was all about re-election than saving anything. Given the chance they would smack freedom right in the mouth, they want nothing to do with making our country better for everyone, freedom my ass. The Republicans in the FC will give leadership grief X 10 on the upcoming debt ceiling battle royal. Mr Ryan knows now why Boehner sprinted into lawn mowing and wine tasting with a big grin on his face. Bigly bad.