As ‘Large Local Risk’ Realized, Fed May Be Forced To Finance Political ‘Rationality Deficit’
“In the absence of conviction about the existence of political circuit breakers”…
‘Tariff Man’ Returns: Trump Announces New China Tariffs, Stocks Crash
Everyone knew it was coming.Â
‘A Sea Of Red’: Manufacturing Malaise Says World’s Ablaze
“A sea of red, with all lights warning”.
‘We’re Asking You, Mr. President’: Cincinnati Enquirer Begs Trump, Supporters Not To Humiliate The City At MAGA Rally
“We know this appeal might sound naive, but we cannot stop expecting the best from ourselves or our president”.
Goldman: The Fed Probably Thinks That Was A ‘Successful Meeting’
You could conceivably argue that Wednesday’s mini-tantrum was worth it.
Nomura’s McElligott On What Can Go Wrong If The Fed Keeps Guiding Expectations Lower
“From the perspective of a ‘give ‘em an inch, they take a mile'”…
Jerome Powell Turns In Disastrous Performance As ‘Plain English’ Goes Awry Yet Again
“That’s where I’ll leave you for that”.
Fed Cuts Rates For First Time Since 2008. George, Rosengren Dissent
With the world – and Donald Trump – watching…
‘High Priestess’ Marianne Williamson Scores In Fight Against ‘Dark Psychic Forces’
We laugh. But we laughed at Trump too.
In Europe, No Green Shoots
There’s little here to suggest the malaise is likely to clear.
US-China Talks Fizzle Out As Economic Cold War Shows No Signs Of Thawing
According Xinhua, the two sides will hold the next round of talks in September.
Trump: ‘People In Baltimore Are Happy I’m Bringing Out The Fact It’s Like Living In Hell’
“I have no strategy. There’s zero strategy”.
As Accusations Fly, US-China Relationship Splinters Further At Just The Wrong Time
It’s been death by a thousand soundbites this week.
Here Are The 14 Biggest Problems With Central Banks Being ‘The Only Game In Town’
As we approach a pivotal juncture for the post-crisis monetary policy regime, potential problems are mounting.
Nomura’s McElligott: ‘Messy’ Dollar Funding Markets May Argue For Fed ‘Power Cut’ – But There’s A Catch
What’s the real rationale behind a potential “shock” cut?
Trump Furious With China For Not ‘Following Through’ On Farm Promise They Never Made
“They should probably wait out our Election to see if we get one of the Democrat stiffs like Sleepy Joe”.
Goldman Lifts S&P Price Target, Sees 3,400 In 2020, Slashes EPS Outlook
There’s good news and there’s bad news.
Out Of Rabbits, A Paralyzed Bank Of Japan Sits Idly By
The BoJ did what they could do on Tuesday – which was nothing.
Read Elizabeth Warren’s New ‘Our Terms’ Trade Policy
“As President, I won’t hand America’s leverage to big corporations to use for their own narrow purposes”.
No, Donald Trump’s Baltimore Attacks Are Not Comparable To Bernie Sanders’s ‘Third World’ Comments
“I am in a very beautiful oval shaped office”.
3 US-China Trade Scenarios As Talks Restart Amid ‘Somber Outlook’
Curb your enthusiasm.
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