Zombies. Lots of them.
Category: economy
Goldman Solves The Case Of The Missing 1% Of GDP
“Traveling back in time to witness the collapse of the Soviet Union and the birth of grunge music would be exciting in many ways”…
NY Manufacturing Activity Made ‘Generally Somewhat’ Better Again After Worst Decline In Recorded History
“Make America generally somewhat better again!”
Chinese Economy Grows At Slowest Pace In Decades, But Key Activity Data Tops Estimates
This is either good news, or bad news or both – depending on your perspective.
Trump, The Fed And The Dollar Constraint
“And around she goes, where she stops nobody knows”.
In ‘Strange Twist Of Fate’, Cheshire Cat Smiles Just As Phillips Curve Is Left For Dead
“The Phillips curve now is fully ‘alive’, only to be half-ignored”.
As China’s Latest Trade Data Disappoints, Market Sees Canaries In Singapore
“Canaries”, “coal mines” and such.Â
FinTwit Loses Mind As Hot Core Inflation Print Embarrasses Jay Powell
At this point, Jerome Powell is used to being mocked on Twitter.
‘There Are Too Many Signs Of Slowdown To Ignore’ – Some Doubt Fed’s Ability To Avert Downturn
“…the end of the cycle is more likely than a third temporary loss of momentum”.
ECB Minutes Show Readiness To Cut Rates, Restart QE, Because Whatever (It Takes)
It’s time to use “all of the instruments” again.
The ‘Faint Heartbeat’ Exchange: AOC Corners Powell On Phillips Curve Implications For ‘Modern’ Policymaking
“Modern policy making considerations.” With an emphasis on “modern”.
Gloomy EU Projections Give ECB Another Justification For Rate Cuts, Easing
“Risks to the global economic outlook remain highly interconnected and are mainly negative.”
‘This Guy’s Crazy And The World’s On Fire’
That wouldn’t necessarily be hyperbole.
Rewrite The Textbooks.
If this goes on for another five years…
‘Unsustainable Inconsistencies Could Lead To Sharp Adjustments’, One Bank Euphemistically Warns
“…this does not necessarily lead to a healthy and sustainable economy”.
Hot Seat: Full Week Ahead Preview
Don’t call it a “return”.
CNN, Bloomberg, CNBC Entertain Regime Propagandists Kudlow, Navarro In Sad Friday Spectacle
There is no sense in which any of this can be taken seriously anymore.
Jobs Report Blows Past Highest Estimate, Wage Growth Still Cool, Unemployment Rate Ticks Higher
Is good news “bad” news this time?
Make Or Break?
“We think the sun is slowly setting on this cycle”.
Risk-On, But For How Long? The Data Is Dour
Ultimately, the data continues to come in soft.
A Global Affair: Full Week Ahead Preview
Everything is in play.
Make PMIs Contractionary Again!
As ever, the perverse silver lining is…
Albert Edwards: ‘By Hook Or By Crook, Jerome Powell Will Be Out’ If There’s A Recession
“If this is what President Trump is like now, imagine if I am right”…
Oddly, Consumer Confidence Collapses During Historically Tremendous ‘Month Of June’
“…at some point, [this] could begin to diminish consumers’ confidence in the expansion.”
‘The Economy Is Both Booming And Headed For Recession’: The Fed And Schrödinger Plates
“The economy at the moment is in a superposition of two states.”
You must be logged in to post a comment.