In June Minutes, Fed Admits Expectations For Rate Cuts Main Reason Why Financial Conditions Still Supportive
“…those conditions appeared to be premised importantly on expectations that the Federal Reserve would ease policy.”
The ‘Faint Heartbeat’ Exchange: AOC Corners Powell On Phillips Curve Implications For ‘Modern’ Policymaking
“Modern policy making considerations.” With an emphasis on “modern”.
‘No Ma’am’. Powell Tells Maxine Waters He Ain’t Goin’ Anywhere
“If you got a call from the president”…
Powell Sounds Dovish Tone In Make-Or-Break Congressional Grilling
“…it appears that uncertainties around trade tensions and concerns about the strength of the global economy continue to weigh on the outlook”.
Gloomy EU Projections Give ECB Another Justification For Rate Cuts, Easing
“Risks to the global economic outlook remain highly interconnected and are mainly negative.”
Kim Darroch Becomes Latest Victim Of America’s Own ‘Very Stupid, Wacky Pompous Fool’
“The current situation is making it impossible for me to carry out my role”.
Trump Said To Be Slowly Losing Mind Over Inability To Weaken King Dollar
Get ready Steve Mnuchin, you’re about to be in charge of perpetrating an all-out currency war.
The Fact That Larry Kudlow Keeps Saying ‘Jerome Powell’s Job Is Safe’ Is Proof Positive That It Isn’t
Think about this for a minute, will you?
‘This Guy’s Crazy And The World’s On Fire’
That wouldn’t necessarily be hyperbole.
Yahoo’s Seth Rich Exposé Shows Why Countering The Right-Wing Misinformation Machine Is So Difficult
It’s a nice thought – but it can’t work. Here’s why.
Rewrite The Textbooks.
If this goes on for another five years…
Sour Patch Kids.
All told, there’s not much to like this week.
If Richard Neal Wants Trump’s New York State Tax Returns, He Can Have Them, Just Sayin’
“If he is worried about law enforcement, he shouldn’t break the law”.
‘Unsustainable Inconsistencies Could Lead To Sharp Adjustments’, One Bank Euphemistically Warns
“…this does not necessarily lead to a healthy and sustainable economy”.
Goldman Asks: ‘Why Cut?’
Taken to its logical extreme, this means…
Reclamation Project(s).
As everyone piles on “Crazy Joe”, is Trump underestimating Kamala Harris?
Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week
None of this sets a particularly upbeat tone.
Hot Seat: Full Week Ahead Preview
Don’t call it a “return”.
Iran Makes It Official: Breaches Uranium Enrichment Ceiling
So, the world will now warily eye the White House.
After Nosebleed Rally, Some Say It Can Only Go Wrong From Here
As good as it gets?
In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge
“[I] don’t know why Erdogan does not just take the job himself”.
Keep Rick Santelli In Your Prayers. He’s ‘Really Depressed’ That Everyone Thinks Judy Shelton Is A Joke
“To invest that financial seed corn in the possibility of a greater harvest”.
Peak Cognitive Dissonance.
“Rocket ships” and such.
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