Powell “Not Forecasting a Recession”
In a speech today in Zurich Switzerland, Jerome Powell stated the Fed is not forecasting a recession.
Hard hitting global and local news
In a speech today in Zurich Switzerland, Jerome Powell stated the Fed is not forecasting a recession.
The jobs report dramatically missed expectations today, especially with private jobs.
The stock market continued its rally today mostly on news of a trade deal.
Unless something dramatically changes in the next 12 days, there will be another 25 basis point cut on September 18.
There is still no majority support for anything. Some will never be happy no matter what happens.
A big filibuster was in progress then suddenly it vanished. Tories voted for the Benn bill blocking No Deal.
For the 42nd time, Trump reports trade war progress with China.
Numerous headlines globally suggest historic “defeats” of Boris Johnson by Remainers. Ignore those headlines.
A filibuster is in progress. It may even be successful.
As revised, the US trade deficit fell slightly in July but the deficit with China increased.