The ECB will of course ease further in September, but the real question is…
Category: economy
BofA’s Blanch: ‘Traditional Models May Soon Be Obsolete And The World Unforecastable’
A stark assessment, to be sure.
‘The Situation Is Dire’: As Business Confidence Collapses, Germany’s ‘Black Zero’ Fiscal Stance Looks Untenable
“The signs of a recession in Germany are thickening”.
Days After Tipping Hundreds Of Layoffs, US Steel Tips 150 More
“The exact numbers haven’t been finalized”.
Trump Needlessly Fans Recession Flames With New Tweets Alleging Economic Conspiracy
“I always find a way to win”!
Larry Kudlow Teases ‘Tax Cuts 2.0’, Coming Somewhat Soon To A Campaign Trail Near You
“You might” see them before the election.
Larry Summers Presents: ‘Black Hole Monetary Economics’
“The United States is only one recession away from joining Europe and Japan.
A Grinning Patrick Harker Thinks Trump’s Germany Tweets Are Pretty Funny, Sees No Need For Rate Cuts
“I went along with it to get back to neutral”.
IHS Markit Hands ‘The Chosen One’ First US Factory Contraction Since 2009
“Not good, not good”.
Albert Edwards: This Isn’t A ‘Bond Bubble’, It’s ‘The Next Phase Of The Ice Age’
For Edwards, there is nothing surprising about any of this.
US Seen Hemorrhaging Red Ink As Deficit To Top $1 Trillion Sooner Than Expected
“…you can cut the numbers by two pennies and three pennies and balance a budget quickly”.
Trump Appears To Call For Negative Rates Amid ‘Sooo Strong Economy’, Insults Powell’s Golf Game (Again)
And meanwhile, China plans for a “no deal” scenario.
As Fed’s Daly Frets Over ‘Self-Fulfilling Prophecy’, Goldman Warns Fed Is Caught In ‘Hall Of Mirrors’
When expectations become circular, the waters become muddy.
And There It Is: Mick Mulvaney Said To Warn GOP Donors Of Possible US Recession
Dream, meet reality.
Trump Wants ‘Minimum’ 100bp Fed Cut, Says Economy ‘Far From Recession’
“… it should have happened a long time ago”.
Robert Shiller Says Fed Cuts Send The Wrong Message
“The important thing is the narrative they’re beginning”.
US Steel Layoffs Are Stark Reminder Of The Reality Behind Trump’s MAGA ‘Miracle’
“Your business was dead. Okay”?
Can Trump Save Trumponomics?
In spite of its namesake.
Trump, Fearing Economic Downturn, Ponders Payroll Tax Cut To ‘Arrest Slowdown’
“Their panicking and flailing is palpable”.
It’s Going To ‘Feel Like A Recession’: One Bank Thinks The Die May Be Cast
“Those returning from summer holidays have had a bit of a shock”.
Case For Aggressive ECB Easing Gets Stronger With Icing-On-The-Cake Inflation Revision
Just another piece of evidence to bolster the case for plunging back down the accommodation rabbit hole.
As Ray Dalio Puts Recession Odds At 40%, Here’s A Chart Trio And A Message From Kudlow
Don’t be afraid to be happy.
Trade War Appears To Backfire As Record Number Of Americans Support Free Trade
“This is not an attractive set of numbers”.
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