For what it’s worth — which at this juncture probably isn’t much — the IMF
Category: economy
Used Car Prices Just Surged The Most Since 1969
Considering the quantum of news and headlines on offer Tuesday, it’s somewhat of a relief
Great Expectations
The vaccine push hit a bit of a speed bump Tuesday following news that Johnson
Extraterrestrials
Larry Kudlow repeated a familiar talking point on Sunday: The US economic recovery doesn’t depend
Cash Quandary And The Risk Of ‘A Typical Downward Spiral’
Blue-chip US corporates may end up borrowing as much as $2 trillion in 2020, an
72 Hours Later, ‘Art Of The Deal’ Produces $1.8 Trillion Concession
Less than 72 hours after declaring, in a series of irritated tweets, that stimulus talks
Maybe The Fed Should Just Let Stocks Crash
“It’s not that we have no tools. But the fiscal policy tools are much more
Albert Edwards Doubts Bond Selloff Has Legs. And That’s Good For The FAAMG Bubble
“The US equity market rally over the last few years, concentrated almost exclusively on FAAMG
One Bad Turn Deserves Another
“Optimism over a stimulus deal” — that’s what the financial media ran with on Thursday
The Fly, The Lie, And The Terrified Billionaires
It says quite a bit about the average intelligence of the American voter when netizens
Wrong. Jobless Claims Tell Us Plenty
840,000 Americans filed for unemployment benefits last week, down 9,000 from the previous week’s upwardly
Would You Trade A 4% Haircut In The S&P’s Fair Value For Sanity?
With expectations for a Democratic sweep becoming more entrenched by the day, market participants with
Scorched-Earth
“So stimulus is over until the election(?) And so are Trump’s odds of winning it,
Trump, Under Siege For Stimulus Torpedo, Pins Hopes On Late-Night Tweet Reversal
Markets looked to gingerly retrace the risk-off move that rippled across assets late in Tuesday’s
Powell Hurts Own Cause, Feeds Budget Hawks By Parroting Deficit Myths
At this point, you’d forgive Jerome Powell (and most of his colleagues) for being frustrated
Invincible Heroes
Global markets were muted Tuesday following Donald Trump’s return to the White House from Walter
No Time To Die In New York (Or Bethesda)
It certainly wasn’t clear that risk assets (i.e., equities) should have been any semblance of
No Shirt, No Shoes, Some Service
Activity in the US services sector continues to rebound, the latest read on ISM’s non-manufacturing
Secondary Concerns
It still feels a bit strange to speak about what could move markets in the
Afterthoughts
Everything became an afterthought Friday. Even if Donald Trump’s COVID diagnosis proves to be a
Under The Hood Of The September Jobs Report
The September jobs report, the last before the election, took a back seat Friday to
Nomura’s McElligott On Trump Virus News: This ‘Risks A Rapid Change To The Market’s Assigned Election Probabilities’
“Fresh tails” are piling up, Nomura’s Charlie McElligott said, in a Friday note, as the
Jobs Report Misses As Government Payrolls Decline. Revisions, Falling Unemployment Rate Soften Blow
The US economy added 661,000 jobs in September, far less than the 875,000 the market
Renting In New York And San Francisco Just Got A Lot Cheaper. Any Takers?
If it’s evidence of de-urbanization in the US you seek, consulting recent housing market data
What If We’re Watering A Dead Tree?
On Wednesday, I talked a bit about the extent to which some decisions made during
People Have Less Money When You Stop Sending Them Checks, Data Confirms
Personal incomes fell 2.7% in August, according to data that is by now so stale
You must be logged in to post a comment.