Summers Warns Biden, Fed: Control Inflation Or Trump Comes Back
I’ve critiqued Larry Summers at regular intervals over the course of 2021 mostly because, in
I’ve critiqued Larry Summers at regular intervals over the course of 2021 mostly because, in
“Our tools cannot ease supply constraints,” Jerome Powell said Wednesday, following the November FOMC meeting,
SocGen’s Albert Edwards doubts the Fed will ever be able to normalize policy. I doubt
Revenge is a dish best served cold, as Treasury Secretary. More than three years after
Jerome Powell’s odds of skating through the March FOMC press conference unscathed were long. There
All eyes will be on Washington this week as Nancy Pelosi ponders the risk-reward calculus
On Friday evening, Jack Dorsey finally pulled the plug on Donald Trump and, symbolically, on
The Dow topped 30,000 on Tuesday, and while it’s always impossible to definitively ascribe causation,
I hoped it wouldn’t come to this, but I can’t say I’m surprised. On Friday,
Donald Trump has given up on passing another virus relief bill. Or, if you like
Markets looked to gingerly retrace the risk-off move that rippled across assets late in Tuesday’s
On Saturday, during the first day of a short visit to Walter Reed following his
A few weeks back, I documented the extent to which Wall Street is preparing for
“As long as it takes”, Jerome Powell said Wednesday, describing the Fed’s commitment to deploying
“He stressed the importance of farmers”.
“The burden of the downturn has not fallen equally on all Americans.”
“This was a natural disaster. We gotta get them back to work”.
The tail risk to end all tail risks?
“But none of us as Americans wants to see China prospering”.
“There is… no limit to what we can do with these lending programs”.
An “illegal situation”.
“We are grasping at straws and if push comes to shove, anything goes”.
“This reversal of economic fortune has caused a level of pain that is hard to capture in words.”
“I have numerous concerns”…
“Essentially, the answer to your question is ‘no'”.ÂÂ
“We have not reached our peak”.
“If you reelect this administration, this is what you’re going to get”.
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