“Massive slump” — that’s how Germany’s Federal Statistical Office described the worst quarterly performance on
Category: economy
What Happens To The Housing ‘Boom’ If There’s Another Round Of Layoffs?
Somebody get Larry Kudlow on the line — we need to reiterate the “boom” narrative
Nice Floor You Got There
Markets are generally resilient in the face of a few lackluster earnings reports and a
Surprise! Consumer Confidence Is Coming Unglued
Color me not (at all) surprised. Consumer confidence deteriorated in July, The Conference Board said
The Dangers Of Deficit Dogmatism And The Courting Of Disaster
What do we know now that we didn’t know coming into this week? Not much,
How About $200 And A Get Well Soon Card?
“Time is running out”, Nancy Pelosi said Monday, in a statement as more specifics of
Exceptionalism Lost
The US is poised to fall behind as the world looks to recover from the
Meanwhile, In Texas, Executives Grapple With Fallout From Virus Spike
Late last month, when the Dallas Fed beat expectations for June, market participants immediately noted
Steve Mnuchin, Savior Of The Everyman (And Larry Kudlow’s ‘Boom’ Times)
For the second time in six months, Steve Mnuchin is emerging as lower- and middle-income
Fate Of FAAMG Rally Hangs In Balance As America Set To Witness Worst-Ever GDP Report
In just a few days, America will be served the worst quarterly GDP print in
Fed Confronts Recovery At Crossroads, While Critics Zero In On Epic Main Street-Wall Street Disconnect
In addition to the first look at second quarter GDP, which will betray the most
‘Capitalism Was Lost Long Before COVID-19’
Earlier this week, in the course of summarizing the main points from the latest missive
Arresting Developments
“She’ll make her initial appearance in court later today”, US officials told reporters Friday, after
Stark Warning: US Services Sector Reports ‘Falling Sales Due To Re-Imposed Lockdowns’
In yet another disconcerting sign for the fledgling rebound in the US economy, flash PMI
Europe Haunted By Jobless Recovery
At least the PMIs beat — is what the optimists can say on Friday, as
Consequences And Concerns
“We’ve got [an] inventory that has incredibly low delinquency embedded in it right now and
Jobless Claims Rise For First Time Since March As Congress Teeters On Fiscal Cliff
During the second installment of the White House’s rebooted coronavirus press briefings, Donald Trump predicted
Closed Forever
In a sign that the GOP is having a somewhat difficult time coming up with
We’ll Take 100 Million (Assumptions Questioned)
“Yes, we’ll take 100 million of them, please”. The US government plans to pay nearly
LinkedOut & Locked Down
“One-third of US CFOs now expect it will take more than six months to get
Necessity Is The Mother Of Legislation: Here Comes The Fiscal Cliff
They say necessity breeds invention, which is understandable because you might not be inclined to
Always Hustling Backwards: America And The Modern Belle Époque
“The Industrial Revolution translated what had been stagnant economies for hundreds of years into newfound
Into America’s Two Possible Futures With Deutsche’s Aleksandar Kocic
The pandemic has laid bare underlying “social and economic malfunction, which would have remained latent
Larry Fink, Brian Kemp, And The Mask Question
Speaking at a Chamber of Commerce event on Friday, Anthony Fauci described himself as optimistic.
‘1999-Lite’, Why Markets Are Up Big, And What Comes Next
We’re living in “1999-lite”, according to one bank’s popular weekly flows update. It’s all about
‘Without Action, Another Plunge Is Likely’: Bulls Tested By Dour Color From Sentiment Survey
Some might be inclined to call it a “surprise”. I’d be tempted to characterize it
Numb To It All.
Markets seem generally numb to it all by now, but news flow surrounding America’s ongoing
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