Hint: Michigan may be in trouble, and it’s a battleground state.
Category: economy
Six In 10 Americans Say A Recession Is Likely Within The Next Year
Yet another blow to the MAGA “miracle” narrative.
Yes, Maria Bartiromo, Steve Mnuchin Actually Can Lie About The Economy, Thanks For Asking
“Can you really say that”?
‘Less Growth, More Inflation’: Goldman Sees Stagflationary Trend For Trump’s Economy
“The tariffs are about to show up more clearly”.
China’s Export Machine Slams Into Reverse In August Amid New Trade Threats
We’re going to need more easing.
On One Read, Stocks And Credit May Be Perilously Disconnected From Economic Reality
The glass-half-empty take.
Powell Delivers Acceptable Performance In Zurich: Highlights
“We don’t have groupthink on the FOMC”.
Not Goldilocks: Jobs Report Misses, Wage Growth Comes In Hot
Disappointing headline and hot wage inflation.
No Light At End Of German Tunnel As Industrial Production Sinks Again
“There are still no signs of improvement”.
Let’s Be Honest: Trump Is Nowhere Close To A ‘Real’ Trade Deal With China Or Europe
Don’t forget, “there is no pot of gold at the end of a rainbow”.
ADP, WSJ Deliver One-Two Punch To ‘Aggressive’ Fed Cut Narrative
Curb your enthusiasm.
‘This Is Rubbish’: Former Lehman Trader Says Stocks Living On ‘Hopes And Prayers’
The data out of Germany is still bad. And one trader isn’t optimistic.
‘Hey, Where’s My Yield?’: UBS, BNP See 10Y US Yields Tumbling To Just 1% As Growth Slows
“Our growth forecasts remain below consensus, even though consensus has come down significantly”.
Trump: ‘My Stock Market Would Be 10,000 Points Higher’ If Not For My Tariffs
“To me, this is much more important than the economy”.
Alan Greenspan: The Fate Of The Economy In 2019 Depends On The Stock Market
“Strangely enough”…
‘Reading The News Would Suggest The US Is Already In Recession’: SocGen
One more shove and bond pricing will send a warning sign to equities…
MAGA Economy Dealt Another Body Blow As ISM Dives Into Contraction
We’re gonna need more insurance cuts (and more tweets).
Inflation In South Korea Just Fell To Zero
Don’t worry, because “it’s hard to say it’s a precursor of deflation”.
UK Manufacturing Shrinks Fastest In 7 Years, But Don’t Worry, ‘People Will Have Food’
“People will have the food they need”.
A Critical Week Looms For The US Economy, With Special Emphasis On Friday
Another frantic Friday in the cards?
Nobody Knows What’s Next As Trump’s ‘Crazy Like A Fox’ Strategy Keeps Markets Guessing
…but it’s still madness.
Things Fall Apart For MAGA Economy As Consumer Sentiment Crashes To Trump-Era Low
“…such tactics act to increase uncertainty and diminish consumer spending at home”.
Your Daily Economic Downturn Warning Comes Courtesy Of Goldman’s Analyst Index
We’re gonna need more “insurance” cuts.
‘A Perfect Experiment For Soros Reflexivity’: Trump, Trade And Lessons From Presidential Score Cards Past
“The dynamics between a potential recession, trade war, and the political business cycle should be a perfect experiment”.
For The First Time Since The Election, More Americans Think The Economy Is Getting Worse Than Better
“Confidence in the economy is slipping”.
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