It’s not all bad news. But it’s not all good news either.
Day: July 5, 2018
You Can Have Goldman’s Bullish Commodities Thesis – When You Pry It From Their Cold, Dead Hands
Not throwing in the towel – not even close.
‘Time Is Up’: The Trade War Cometh
“Crossing the Rubicon”.
Trump Serves Up The ‘Covfefe’ In Montana: Calls Maxine Waters Mildly Retarded, Bets ‘Liz Warren $1 Million On DNA Test, Says Putin Is ‘Fine’
“And they don’t know who they are playing with, folks.”
Fed Minutes Cite ‘Intensified’ Trade Risks, ‘Very Strong’ U.S. Economy
“With regard to the medium-term outlook for monetary policy, participants generally judged that, with the economy already very strong and inflation expected to run at 2 percent on a sustained basis over the medium term, it would likely be appropriate to continue gradually raising the target range for the federal funds rate to a setting that was at or somewhat above their estimates of its longer-run level by 2019 or 2020.”
Albert Edwards: ‘It’s Difficult To See How The Renminbi Can Do Anything Other Than Fall Sharply’
“And with the Fed heading decisively in the opposite direction, is it any wonder the renminbi slumped in June?”
Trump Spends 4th Of July Screaming At OPEC On Twitter As Goldman Says Oil Prices Headed Higher
Have genius, will travel.
‘Man, You Are Messing Up Our Market’: Farmers Furious As ‘Patriotic’ Trade War Threatens Families, Businesses
“If we go out of business, it’s tough to look at my kids and the 550 farm families that look us into the eye and our 1,400 employees.”
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