Times are changing.
Category: fiscal stimulus
Trump Now Proud Owner Of Largest Deficit Since 2012 And All-Time Record For Most Interest Paid In A Year
Nowhere is the GOP’s shameless derelictionÂ of duty more readily apparent than in U.S. fiscal policy.
Trader: Things Have Changed And Here’s Where The World Is Going Next…
“Although the Republicans are supposedly the party of fiscal conservatism, we all know that sort of talk is only for when they are not in power.”
Red Ink: The Politics Of Fiscal Insanity
“I am the most concerned Iâ€™ve ever been.”
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 dollarâ€™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 itâ€™s coming down rapidly.”
Pondering ‘The End Of Synchronized Everything’
And at the heart of it all…
China Sends Message To America With New Fiscal Stimulus Measures: This Trade War Will Not Be Easy To Win
If the last two weeks are any indication, “winning” a trade war with China is going to be anything but “easy”.
Larry Kudlow Now Just Plain Old Lying On National Television About The Deficit, Because Who Even Cares Anymore, Right?
Boy, I’ll tell you what, Fox News is having one helluva day when it comes to cramming lies down the throat of the American public.
Trade Wars: Implications For The Fed
Some random musings.
By 2023, America Will Be In Worse Fiscal Shape Than Italy, Mozambique And Burundi
Who’s “tired of winning”?
David Stockman: Forget The FBI, This Is The ‘Real Raiding Party’
“While the FBI was raiding the offices of Trump’s lawyer yesterday afternoon, the CBO published a blockbuster report evidencing the Donald’s own raiding party.”
Trader: We’ve Gone From ‘Get Out Now’ To ‘You Have To Be In It To Win It’ In 24 Hours
“…the bid offered spread on opinions just keeps widening.”
What’s Up With The Dollar? One Bank ‘Explains’ The Greenback’s Trials And Tribulations
In any event, take all of that for whatever it’s worth, and if you don’t agree with it, don’t fret because invariably, this debate will rage on for months.
Goldman Warns On U.S. Fiscal Policy: ‘We Are Heading Into Uncharted Territory’
“This is an unusual course.”
I think people might be missing some of the nuance inherent in what’s happened to markets this month.Â
‘Is Nobody Gonna Tell Him?’ MAGA And The Pedal To The Metal Economy
“YOUÂ WILLÂ RIDE ETERNAL, TACKY ANDÂ GOLD LEAF”…
Albert Edwards: ‘TrumpÂ’’s Grotesquely Ill-Timed Stimulus Will Be Trigger For Market Implosion, Recession’
“…a ruinous fiscal deficit in excess of 15% of GDP will be Trumpâ€™s legacy.”
‘This Is Poorly-Timed’: Credit Suisse Ups Rate Hike Forecast Amid Budget Boondoggle
Don’t say you weren’t warned.
Trump All Set To Worsen Bond Selloff With ‘Bigly’ Budget Boondoggle
He’s apparently going to just go ahead and abandon GOP dogma when it comes to balancing the budget.
David Stockman: ‘Now Comes The Black Swan With An Orange-Colored Hue’
“America’s economy is faltering not from too little infrastructure spending, but from too much debt—-$67 trillion of total public and private debt, to be exact.Â So it appears that the bond vigilantes are returning from 24 years of hibernation just in the nick of time to put the kibosh on the Trumpite/GOP’s latest hare-brained scheme to balloon the public debt.”
Trader: ‘The Next Great Crisis Will Be Caused By This’
“The next great crisis will be caused by Central Bankers not realizing that all this monetary fuel they have pumped into the system has finally ignited, and like a bonfire that gets out of control, they have no way of extinguishing it.”
David Stockman Unveils The ‘Watchword For 2018’: ‘UNHINGED!’
“That refers to Wall Street, Washington, the Dems and the GOP, and all the far and near corners of the planet which are implicated in their collective follies.”
Your refund will be escaping this death trap with your life…
Debt Ceiling: Here’s The Nightmare Scenario
Ok, I don’t know how much figurative “stock” you put in Mitch McConnell’s Monday promise that