Hard hitting global and local news
“Fear” is the most intimate portrait of a sitting president ever published during the president’s first years in office.
Consumers have not been this confident since October 2000. Hooray?
Following today’s ISM and construction reports, the GDPNow forecast for 3rd-Quarter GDP rose to 4.7%. Nowcast is 2.0%.
Construction spending declined 0.1% in July. With major revisions being the norm, consider it flat.
Trump claims he will use tariffs to pay down the national debt. Let’s explore the idea with pictures.
Central banks are allegedly in a state of “Quantitative Tightening”. Let’s investigate.
The debt cycle, tariffs, and central bank hubris have created the conditions for a spectacular unwind of risk assets.
As traders cheer the longest bull market in history, they ought to be wondering “what’s next?”
Commerce Secretary Wilbur Ross says it is ‘not clear’ a report on auto tariff recommendations will be coming this month.
This last weekend I saw a biker wearing a “support our troops” shirt. OK, what’s the best way?