A bad mix.
Category: economy
The US Consumer Doesn’t Care About Impeachment – For Now, Anyway
“References to the impact of impeachment on economic prospects were virtually non-existent”.
China’s Yuan Rides Hot Streak Amid Trade Optimism. Exports Stabilize, But Imports, Car Sales Slide
There’s good news and bad news.
Albert Edwards Asks: ‘Warren, Sanders or Trump What’s The Difference?’
“Christie’s US recently sold two pairs of late 1990s tortoiseshell sunglasses for $2,750”.
‘A Weak Start To Q4’: JPMorgan Global PMI Prints Lowest Since February 2016, Employment Dives Into Contraction
“…the pace of job losses at manufacturers was the joint-fastest for over a decade”.
For Germany, Light At End Of Tunnel Still Just A Faint Glimmer
Far from out of the woods.
Reflation Narrative Gets Another Boost As ISM Non-Manufacturing Rebounds From Trump-Era Low
All told, the headline beat will likely be enough to bolster the rosy economic story.
Who Needs An Economy When You’ve Got Stocks? Markets On Fire In Two Recession-Hit Locales
Two recession-ravaged economies are enjoying large rallies in domestic equities.
‘Bah! Humbug!’ Not Everyone Is Taking A Glass Half-Full Approach To Markets This Week
“Americans are naturally upbeat people.”
Economy Now More Important Than Ever For Trump As Impeachment Probe Goes Public
“Good” is a relative term.
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?
Larry Kudlow: The Whole Stock Market Will ‘Literally Evaporate’ If Elizabeth Warren Tries To Expand Healthcare
“This would have a devastating, catastrophic effect”…
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.
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.
‘Greatest Economy In US History’ Grows At Second-Slowest Pace In 15 Quarters
Thank God for the consumer.
Dour Prediction For German Exports Spoils Decent French GDP Read
“DIHK has not received such pessimistic replies since the crisis.”
‘Job Growth Has Throttled Way Back’: ADP Beats, But September Revised Lower
“If hiring weakens any further, unemployment will begin to rise”.
Barrage Of Crucial Data To Test Market Calm, Fed Message In New Week
Any plans on the part of the Fed to telegraph a pause could be derailed immediately.
‘It’s The Private Sector, Stupid’: Trump May Have A Ricardian Equivalence Problem
One wonders if legendary “economists” Stephen Moore and Larry Kudlow anticipated this.
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