Goldman Slashes US Growth Outlook On Manchin Bombshell
“A failure to pass Build Back Better has negative growth implications,” Goldman said, in a
“A failure to pass Build Back Better has negative growth implications,” Goldman said, in a
“If I can’t go home and explain it to the people of West Virginia, I
I certainly didn’t want to write about Joe Manchin twice in a single day, but
The issues were the same in Washington on Thursday. There was incremental progress, but no
Joe Biden will consider a framework for a bipartisan infrastructure deal on Thursday, after a
Sentiment was subdued to start the new week with headlines generally centered on Janet Yellen’s
It’s been all about the macro for quite some time now. Those who enjoy the
Joe Biden knows his debate performance last week might’ve doomed his reelection bid. He’s also
I’m — umm — avowedly not a Republican. I assume most readers are aware of
If a house divided against itself can’t stand, I don’t know what happens to a
This feels entirely trite, but I’m compelled to mention it anyway as the US midterms
In what amounts to little more than pre-midterm posturing, Joe Biden continues to float the
A never-ending deluge of headlines touting the developed world’s worsening cost of living crisis belies
Jerome Powell is undoubtedly the focal point for markets in the new week. The FOMC
This week’s marquee data out of the US showed a resilient consumer and elevated inflation,
I have to admit, I’m not enamored with the spin the White House is putting
Remember when everyday Americans had too much money? No? Me neither. And I can explain
It was liquidation time across the cryptoverse on Saturday. At one point, Bitcoin dropped to
Nobody is worried about COVID anymore. Well, I shouldn’t say “nobody.” People dying from it
Suddenly, the American consumer looks tired. Retail sales dropped in December by the most in
“Today’s report… demonstrates that we are making progress in slowing the rate of price increases,”
Lost in the fog of a nascent, Fed-inspired rates tantrum is the imminent onset of
By Tuesday afternoon in the US, “Treasury selloff” had replaced “stock rally” in headlines documenting
“Whatever availability you put down when I hired you is what I expect,” a self-important
Whenever I get the feeling I’ve talked too much about so-called “K-shaped” inflation (the phenomenon
The apparent demise of Build Back Better will deal a blow to an already waning
The Biden administration snuck some additional fiscal stimulus through the back door on Wednesday. In
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