During the second installment of the White House’s rebooted coronavirus press briefings, Donald Trump predicted
Category: economy
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
Bonanza: Wall Street-Main Street Divide Laid Bare During US Economy’s Worst-Ever Quarter
Morgan Stanley joined Goldman Sachs in reporting what might be described in some corners as
Jobless Claims Post Smallest Drop Since March In Potentially Ominous Sign
1.3 million more Americans filed for unemployment benefits last week, more than expected, and basically
Consumption-Addicted Americans Engineer Actual ‘V-Shaped’ Recovery In Retail Sales
The optimists among you can look to retail sales for confirmation bias of any “V-shaped”
ECB Prays For Fiscal Help As Decision Nears On Europe’s €750 Billion Recovery Fund
The ECB kept everything unchanged at its July meeting, as European leaders attempt to hammer
‘There Is No Upside, No Silver Lining’: Trump Loses Edge Over Biden On Economy
Donald Trump has “ruled out” more sanctions on top Chinese officials for now, according the
The News Is Good. But The Wall Of Worry Is Steep.
Drip, drip, drip goes the incrementally positive macro data. Too bad some of it may
‘Not A Great Place’
“I don’t think anybody should leave any bank earnings call this quarter simply feeling like
Core Inflation Snaps Historic Streak With June Rise
In May, core CPI did something it’s never done previously: fall for a third consecutive
End Of The Road: America’s Small Businesses Close For Good In New Lockdowns
“Mr. Muscari, with the business closed and its 30 employees jobless, has nothing left but
$1 Trillion Is The Floor (California Dreamin’)
“Stimulus Talks at Standstill With GOP Yet to Agree on a Proposal” read one feature
Lacy Hunt On Pandemic: Prepare For ‘Years’ Of Low Inflation, High Unemployment, Lackluster Growth
It’s going to be a while before things get back to any semblance of normal.
You’re Looking At The Wrong Unemployment Data, One Bank Warns. The ‘Real Story’ Is Here…
The official number “simply does not reflect the reality of the US labor market”.Â
Jobless Claims Better Than Expected, But Stalled Re-Opening Push Looms Large
Congress will debate the contents of an assumed next round of virus relief later this month.
Trying To Understand ‘Exactly What’s Happening’
Some things will be all too familiar.
US Services Gauge Logs Biggest Jump In History. So There’s That.
Employment still looks shaky, though.
Door Number Three
“Where the prophet of doom sits”.
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