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Author: therealheisenberg

Consumer Expectations For Rate Cuts Highest Since GFC As Trade Worries Persist

September 13, 2019September 13, 2019

“These expectations are likely to diminish the impact on spending from a quarter-point rate cut”.

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1 Comment on Consumer Expectations For Rate Cuts Highest Since GFC As Trade Worries Persist

Consumers Show Up For Trump Again Despite Turbulent August As Retail Sales Top Estimates

September 13, 2019

Hanging in there.

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ECB Hawks Go Hunting, Say Draghi May Have Made ‘A Mistake’ With New Easing

September 13, 2019

“There are increasing signs of scarcity of low-risk assets [and] distorted pricing”.

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2 Comments on ECB Hawks Go Hunting, Say Draghi May Have Made ‘A Mistake’ With New Easing

Make Farmers Solvent Again! China Says It Will Buy US Soy, Pork, Exempt Purchases From Tariffs

September 13, 2019September 13, 2019

Let there be orders.

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‘He’s On One Tonight’: Trump Delivers Criminally Insane Baltimore Speech During Democrat Debate

September 12, 2019November 2, 2019

Make-believe tax cuts, cowboy hats, gangs, hazardous light bulbs and a hypothetical confrontation between Xi Jinping and Joe Biden.

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4 Comments on ‘He’s On One Tonight’: Trump Delivers Criminally Insane Baltimore Speech During Democrat Debate

Trump Contradicts White House, Says He’ll Consider Interim Trade Deal But Would ‘Rather Get The Entire Chinese’

September 12, 2019September 12, 2019

“We’re doing well”.

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1 Comment on Trump Contradicts White House, Says He’ll Consider Interim Trade Deal But Would ‘Rather Get The Entire Chinese’

Janet Yellen: Trump’s Call For Negative Rates To Refinance America’s Debt ‘Long Rejected’

September 12, 2019September 12, 2019

But “no one wants to be Japan”.

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3 Comments on Janet Yellen: Trump’s Call For Negative Rates To Refinance America’s Debt ‘Long Rejected’

Christine Lagarde Inherits ‘Unprecedented’ ECB Split After QE ‘Revolt’

September 12, 2019

Dissenters in our midst.

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2 Comments on Christine Lagarde Inherits ‘Unprecedented’ ECB Split After QE ‘Revolt’

Jeff Gundlach Is ‘On Recession Watch’, Sees 75% Chance Of Downturn Before Election

September 12, 2019September 12, 2019

“We’re getting closer but we’re not there yet”.

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4 Comments on Jeff Gundlach Is ‘On Recession Watch’, Sees 754 Chance Of Downturn Before Election

If You’re Looking For Inflation, Health Insurance Costs Are Rising Faster Than Ever

September 12, 2019September 12, 2019

Also, core prices are up and wages are rising, putting the Fed in a box.

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3 Comments on If You’re Looking For Inflation, Health Insurance Costs Are Rising Faster Than Ever

Elizabeth Warren Plans 14.8% Payroll Tax Hike On $250K Incomes To Expand Social Security

September 12, 2019

“My plan imposes a 14.8% Social Security contribution requirement on individual wages above $250,000”.

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14 Comments on Elizabeth Warren Plans 14.814 Payroll Tax Hike On $250K Incomes To Expand Social Security

Trump Said To Consider ‘Limited’ Trade Deal With China, White House Denies Report

September 12, 2019September 12, 2019

Decelerating domestic economy may be kryptonite for “Tariff man”.

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8 Comments on Trump Said To Consider ‘Limited’ Trade Deal With China, White House Denies Report

145 CEOs Demand Congress Act On Gun Violence – Read Their Letter

September 12, 2019

“These families became members of a club that no one wants to join”.

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2 Comments on 145 CEOs Demand Congress Act On Gun Violence – Read Their Letter

Draghi Sees Scope For New QE To Last ‘Quite A Long Time’ As ECB Slashes All Inflation Forecasts

September 12, 2019September 12, 2019

“QE-Infinity” is real – with a caveat.

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7 Comments on Draghi Sees Scope For New QE To Last ‘Quite A Long Time’ As ECB Slashes All Inflation Forecasts

Trump Lashes Out At Mario Draghi Again, Says ‘Bonehead’ Powell ‘Just Sits And Sits’

September 12, 2019

“They are trying, and succeeding, in depreciating the Euro”.

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3 Comments on Trump Lashes Out At Mario Draghi Again, Says ‘Bonehead’ Powell ‘Just Sits And Sits’

ECB Cuts Rates, Restarts Open-Ended QE, Announces Tiering, Enhances Forward Guidance

September 12, 2019November 21, 2021

Draghi comes through with multi-faceted easing package – will it be enough?

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2 Comments on ECB Cuts Rates, Restarts Open-Ended QE, Announces Tiering, Enhances Forward Guidance

Turkey’s Captive Central Bank Delivers Another Large Rate Cut For Erdogan

September 12, 2019September 12, 2019

It still won’t be enough for the autocrat, though.

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In Huge Letdown For Historically Oppressed Rich People, Trump Rules Out Capital Gains Tax Change

September 11, 2019

For now anyway.

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Trump Delays Tariffs On $250 Billion In Chinese Goods Citing China’s Anniversary Celebrations

September 11, 2019September 12, 2019

Incrementally positive – until the next escalation.

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4 Comments on Trump Delays Tariffs On $250 Billion In Chinese Goods Citing China’s Anniversary Celebrations

Trump Drags ‘Tough Guy’ John Bolton, Forgets Who Barron Is

September 11, 2019September 11, 2019

“He made some very big mistakes”.

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Here’s The Important Subtext Of Marko Kolanovic’s Latest Market Outlook

September 11, 2019

“Uncertainty has erased confidence built over a decade”.

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5 Comments on Here’s The Important Subtext Of Marko Kolanovic’s Latest Market Outlook

Trump Floated Lifting Of Iran Sanctions, Infuriating John Bolton (And His Mustache)

September 11, 2019September 11, 2019

Predictably, Bolton “argued forcefully” against the proposal in the Oval Office.

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Trump, Economic Team To Meet On Capital Gains Tax Cut, Which Would Hand $100 Billion To The Rich

September 11, 2019September 11, 2019

It has the support of Larry Kudlow, Stephen Moore and anybody who owns a lot of stock.

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9 Comments on Trump, Economic Team To Meet On Capital Gains Tax Cut, Which Would Hand $100 Billion To The Rich

‘Even Short-Lived Rotations Could Be Powerful’: Goldman Weighs In On Momentum Massacre, Factor Turmoil

September 11, 2019November 23, 2019

“The triggers in the short run could be geopolitical”.

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3 Comments on ‘Even Short-Lived Rotations Could Be Powerful’: Goldman Weighs In On Momentum Massacre, Factor Turmoil

German Economy To Enter Recession This Quarter As Trump ‘Poisons’ Investment: IfW

September 11, 2019September 11, 2019

“The German economy is facing one of the weakest years since the financial crisis”.

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Hu Xijin Tips Stimulus, Mocks Trump’s ‘Hilarious Analysis’ As China Doesn’t Exempt US Farm Products In Tariff Waivers

September 11, 2019September 11, 2019

“Odd and hilarious analysis”.

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Trump Demands Negative Rates, Calls Jay Powell, Fed ‘Boneheads’ In Wild Screed

September 11, 2019September 11, 2019

“The USA should always be paying the the lowest rate”.

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