June 16, 2020
The Myth of the V-Shaped Recovery in One Chart
Retail sales surged in May but manufacturing is another story.
Hard hitting global and local news
Hard hitting global and local news
Retail sales surged in May but manufacturing is another story.
Retail sales surged a greater than expected 17.7% in May but the numbers are well below the pre-pandemic levels.
The Cass Freight Index rebounded 1.6% in May from a deep dive in April.
Today, the Fed announced the terms of its new bond facility. In reality it’s nothing but an asset price support…
MLB negotiations have been cancelled. The dispute is over how to split the cost of the pandemic lockdown.
In a landmark ruling, the top court affirmed LGBT rights.
Larry Kudlow, Trump’s economic advisor, predicts a V-shaped recovery.
Trump could easily lose Iowa, Ohio, and Georgia. He cannot afford to lose any of them.
Republican Rep. Devin Nunes is suing Twitter because a Cow is mocking him.
ZeroHedge is back after Twitter admits it made a mistake.