The euro-area economy expanded at a record pace in Q3, as the same “turn the
Category: economy
These Great Numbers
“Biggest and Best in the History of our Country, and not even close,” Donald Trump
Goodbye Goldilocks
The prospect of Republicans holding the Senate and proceeding to block Democratic spending proposals was
Jobless Claims, Signal Versus Noise, And ‘Better’ Versus ‘Good’
The US economy rebounded in predictably robust fashion during the third quarter, but the recovery
Lagarde, ECB Confront Double-Dip Recession As Europe Plunges Back Into Lockdown
While explaining France’s new coronavirus lockdowns, Emmanuel Macron was unequivocal in dispelling the notion that there
US Economy Serves Up Predictably Huge GDP Print. But Does Anyone Care?
The US economy expanded at a record pace in the third quarter, the first read
No Magical Solution
Daily coronavirus cases in Germany topped 20,000 for the first time since the onset of
Difficult Days And Demands Of The People
“As the nation did after Memorial Day, we are [facing] another critical point in the
Fed Is ‘Really’ Out Of Firepower. ‘Only Government Spending’ Can Save Country, Bill Dudley Warns
“If the Fed managed to push that down by another 0.5 percentage point, what difference
This May Be The Biggest Long-Term Risk For Stocks And The Economy
On Tuesday, I talked a bit out the possible disinflationary read-through in the event the
Confidence, Core Competencies, And CAT Naps
Are the “fundamentals” sound? The answer on Tuesday was: “It’s complicated.” Durable goods orders beat,
Eating Out In Germany & Drinking Water On The Moon
Lockdown worries continued to plague market psychology Tuesday, or at least as it relates to
Diminishing Returns And Fears Of The Unacceptable
“Delicate” was an appropriate adjective on Monday when it came to describing the prevailing mood
It’s Falling Apart: SAP Collapses On Virus Warning As Europe Stares Into Abyss
A hodgepodge of unwelcome developments undercut risk sentiment as the new week dawned, with the
Analysis Versus Propaganda: Whose ‘Plan’ Is Really Better For The World’s Largest Economy?
During the second (and, mercifully, the last) US presidential debate, Donald Trump delivered a characteristically
Stephanie Kelton Explains Taxes, Debunks National Debt Myth, Talks Dollar Depreciation
Stephanie Kelton needs no introduction. The face of Modern Monetary Theory in a world suddenly
Meanwhile, In Good News…
And now, for some good news. Business activity in the US is proceeding at the
Double-Dip Recession Risks Becoming Base Case For Europe As Virus Spreads Anew
About that European recovery. It’s in serious doubt. And there’s no mystery around why. As
America’s New Housing Bubble Is Terrifying And Comforting All At Once
It’s hard to know whether to cheer or shudder at ongoing signs of strength in
As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months
The COVID containment effort is in shambles across Europe, where officials are now grappling with
Indecipherable Data Shows Jobless Claims At Lowest Of Pandemic Era
“Just” 787,000 Americans filed for unemployment benefits last week, considerably better than the 870,000 economists
Faux Deadlines
The stimulus “deadline” in the US on Tuesday turned out not to be a “deadline,”
‘That’s The Plan’: Pelosi, Mnuchin See Stimulus Deal By Saturday, But Senate Hurdle Remains
Predictably, market participants were inundated with stimulus headlines after the closing bell Tuesday, as a
‘We Should Have Done Something. But I’m Not Optimistic’
Nancy Pelosi stoked stimulus optimism Tuesday during remarks to Bloomberg Television just hours ahead of
Mitch, Please…
Donald Trump on Tuesday doubled down on the notion that he can cajole Mitch McConnell
This Is No Lehman. Meet Me At Dave & Buster’s!
There’s talk of “lockdowns 2.0,” which I suppose is market parlance for politicians’ latest efforts
Boilerplate Lines, Pernicious Canards
Stop me if you’ve heard this one before: US equities came into the new week
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