‘Less Growth, More Inflation’: Goldman Sees Stagflationary Trend For Trump’s Economy
“The tariffs are about to show up more clearly”.
“The tariffs are about to show up more clearly”.
“Dudley went over the cliff”.
Congrats are in order for anyone who bet on a continuation of this year’s rally.
“The dynamics between a potential recession, trade war, and the political business cycle should be a perfect experiment”.
Escalation benefits nobody.
Not today, but who knows, right?
“This has never happened to them before!”
A stark assessment, to be sure.
… stunned traders, disillusioned investors and indifferent algos looked haplessly to one another for answers.Â
Trade wars are “good and easy to win”.
Surely he wouldn’t risk it – or would he?
“…you can cut the numbers by two pennies and three pennies and balance a budget quickly”.
Don’t be afraid to be happy.
“This is not an attractive set of numbers”.
Who’s the “nervous mess” now?
“The main takeaway for consumers from the first rate cut was to increase apprehensions about a possible recession”.
The president also believes there may be a conspiracy afoot.
Unfortunately for the Fed, this just underlines a familiar dilemma.
“The US side’s move seriously violated the consensus between the heads of state”.
“We will Win”!
“…the administration is essentially providing welfare checks to affected farmers”.
Maybe later, but not now.
“…it is not clear to us that the labeling-exercise is consistent with the administration’s own craving for CNY strength”.
“If we don’t that’s fine, if we do that’s fine”.
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