Albert Edwards: ‘It’s Always Brightest Before Dusk (OK I Made That Up!)’
“But in the same way that it is ‘always darkest before the dawn’ surely the opposite is also true.”
Category: economy
‘I’m So Happy’: Trump Posts Video Of Himself Lying About Wage Growth
“For the first time in many years, wages are going up”…
A Decade Of Counterfactual Reality Or How To Quiet A Vampire Of History (15 September 2008, Ten Years Later)
“$7 trillion was the price that had to be paid for suspending the crushing force of gravity that would have otherwise caused the collapse of the entire capitalist system.”
Is Janet Yellen Just Trolling Donald Trump Now?
“A lower-for-longer strategy is attractive for several reasons. “
Goldman Asked Carmen Reinhart If We Should Prepare For Debt Crises In Developed Markets. Here’s What She Said…
“And in the case of the US, low rates seem to assume unending demand for US Treasuries given the US dollar’s role as the global reserve currency.”
Will Someone Get Larry Kudlow On TV So He Can Explain This Ballooning Deficit?!
“The deficit is coming down and it’s coming down rapidly.”
Inflation Cools Off, Pushing Real Wage Growth Back Into Positive Territory
This could help allay some fears.
These Four Charts Illustrate American Exceptionalism In 2018
Somehow, this will resolve itself.
Erectile Alchemy And Bubble Addiction
“However, despite their repeated failures, we still seem to be unable to shake off our bubble addiction.”
‘A Lot Of People Hate The President’: GOP Worries Trump’s Personality Overshadows Economic Gains
“If you figure out a way to subtract from that equation how they feel about the president, the numbers go up dramatically.”
Goldman Thinks This Is Pretty Simple: ‘More Growth, More Tariffs, More Fed Hikes’
This is the story and folks are sticking to it.
Give Small-Business Owners False Hope Again!
Unfortunately, the old “what could go wrong?” meme applies here.
The Mirage.
So that’s a rather odd juxtaposition, isn’t it?
Trump Just Tweeted The Biggest Lie He’s Ever Told About The U.S. Economy
“First time in over a 100 years”?