The US Consumer Doesn’t Care About Impeachment – For Now, Anyway
“References to the impact of impeachment on economic prospects were virtually non-existent”.
“References to the impact of impeachment on economic prospects were virtually non-existent”.
Draw your own conclusions.
Yellow doorstops are in the dumpster amid an otherwise stellar 2019.
There’s good news and bad news.
Rampant optimism is now reinforcing the Fed’s message that rate cuts are done.
The longer we linger ‘up here’…
Trade optimism is running rampant and crowded positioning looks set to unwind.
“Short-term ‘contrarian’ positioning signals be damned”.
The two sides “are in the process of resolving outstanding issues”.
And so, the labor market hangs tough, it would appear.
“Many believe Trump will keep at least one more ‘negative trade surprise’ in his pocket”.
Hopefully, you can see the problem with this arrangement…
Will it be “three and out”?
To infinity and beyond!
Sealing the deal with Xi may require giving up on rate cuts in an election year.
This is spectacularly stupid.
“If you’re rich, it doesn’t matter”.
“Not only are the non-centrists shaping the narratives, but their proponents are the main contestants”.
Don’t tell Esther George, though.
As expected, the engine of global growth and trade continues to decelerate.
You’d be forgiven for asking how this doesn’t constitute a complete and total win for Erdogan.
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