The glass-half-empty take.
Day: September 6, 2019
Powell Delivers Acceptable Performance In Zurich: Highlights
“We don’t have groupthink on the FOMC”.
Boris Johnson’s Bad Week Got A Bit Worse On Friday
“That is not a hypothesis I’m willing to contemplate”.
Larry Kudlow Is Furious With Bill Dudley – Let’s Discuss
“Dudley went over the cliff”.
Nomura’s McElligott: ‘The Only Catalyst To Turn The Tide On Perpetually Lower Rates May Be MMT’
“From a secular perspective, the only catalyst I can see on the horizon”…
Not Goldilocks: Jobs Report Misses, Wage Growth Comes In Hot
Disappointing headline and hot wage inflation.
No Light At End Of German Tunnel As Industrial Production Sinks Again
“There are still no signs of improvement”.
What To Know About China’s RRR Cut
This is likely just the beginning.
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