Hint: The Fed is the largest source of demand.
Author: therealheisenberg
‘Avoid Manafort Like The Plague’, ‘I Briefed Hannity’, And Other Highlights From Mueller’s ‘Secret’ Memos
“Paul is nice guy but can’t let word get out he is advising us”.
The ‘Music Of The Credit Cycle’ Will Keep Playing – Until It Stops
The point of no return…
‘Tipping Points’, Payrolls And A ‘Stalling’ US Economy
What if he doesn’t even run?
America Is Getting Serious About Pete Buttigieg
It’s a somewhat uncomfortable discussion. But Trump will have it. You can be sure of that.
John Eisenberg Politely Told Alexander Vindman To Shut Up About What He Heard On Trump-Zelensky Call
Maybe Trump can clear it up in his planned “fireside chat”.
Beto O’Rourke Was ‘Born To Be In It’. Now He’s Out Of It.
“He raised more in his first 48 hours than in the following thousand days”.
WTO Says China Fully Justified In Giving U.S. A $3.6 Billion Slap In The Face
“We always get f***ed by them”.
All Kinds Of Progress Being Made Towards Meaningless ‘Phase One’ Non-Deal, US, China Jointly Declare
The two sides “are in the process of resolving outstanding issues”.
Larry Kudlow: The Whole Stock Market Will ‘Literally Evaporate’ If Elizabeth Warren Tries To Expand Healthcare
“This would have a devastating, catastrophic effect”…
Here’s How Elizabeth Warren Will Pay For Medicare For All (Hint: There Are Taxes Involved)
“My approach to Medicare for All would mark one of the greatest federal expansions of middle class wealth in our history”.
October Jobs Report Beats Handily, Revisions Add 95k To September, August
And so, the labor market hangs tough, it would appear.
Somebody Is ‘Wrong’. Is It Consumers Or CEOs?
And so, we’re left with another “jaws” scenario.
It’s Too Late. Trump Can’t Save Trumponomics. And Neither Can Larry Kudlow.
Trump, Kudlow and House Republicans are reportedly working behind the scenes on a new stimulus package.
Tim Morrison Corroborates Quid Pro Quo Account. Says Trump-Zelensky Call Was ‘Concerning’ But Not ‘Illegal’
“I had three concerns about a potential leak of the MemCon”…
Nancy Pelosi Gives Trump, GOP What They Asked For But Didn’t Really Want
The White House issued a patently ridiculous statement suggesting that somehow, the president is “not hurt”.
‘Look, This Isn’t A Surprise To Anyone’: Nomura’s McElligott Weighs In On Latest US-China Trade ‘Scoop’. Also Comments On Fed
“Many believe Trump will keep at least one more ‘negative trade surprise’ in his pocket”.
More Slippage In The MAGA Economy As Consumer Spending Sputters
Slowly, but surely, the US economy is decelerating.
China’s October PMI Data Disappoints, Underscoring Intractability Of Global Growth Slump
No “green shoots” for you.
Wall Street’s Fed Postmortems Are All Over The Place
Suffice to say there are disagreements on what comes next.
John Bolton May Testify In Impeachment Probe On November 7
Fear the mustache.
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