Albert Edwards On Bear Market Rallies, Direct Deficit Financing And Yellen’s Stock Trial Balloon
“Maybe direct Fed buying of the S&P might break the link.”
“Maybe direct Fed buying of the S&P might break the link.”
America is so averse to the idea of “handouts”, that we’re willing to plunge the country’s small business owners into a Kafkaesque nightmare.Â
When it comes to what can save the world…
“The impact of weaker growth on the labor market is becoming more visible”.
“A significant deterioration in the outlook”.
“It” not only can happen here, it already has happened here.
Or “burns” – whichever.
To infinity and beyond.
Of populism, propaganda, Salvini and the Trump TIME cover.
“Is there any evidence that the microscopic variance between 1.9% and 2.3% inflation on the PCE deflator makes any difference to the performance and prosperity of the main street economy?”
“…it’s about to accelerate. Not only that, the tank is full of gasoline, and the car has been stripped of all the extra weight.”
“…investors did not take the remarks as a sign that the dispute was moving closer to resolution.”
Well, it’s quiet out there as an exceptionally eventful week (finally) winds down. As we
Traders put the brakes on the flight to safety bid on Wednesday as gold and the
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