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.
‘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.
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.
Friday Rates ‘Unwind’ Underscores Risk Of Macro Crowding, Nomura’s McElligott Writes
Some “proper profit-taking”.
CNN, Bloomberg, CNBC Entertain Regime Propagandists Kudlow, Navarro In Sad Friday Spectacle
There is no sense in which any of this can be taken seriously anymore.
Jobs Report Blows Past Highest Estimate, Wage Growth Still Cool, Unemployment Rate Ticks Higher
Is good news “bad” news this time?
Make Or Break?
“We think the sun is slowly setting on this cycle”.

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