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QE Debate: What Did Powell Mean by “Need to Resume Balance Sheet Growth”?
September 18, 2019 Off

QE Debate: What Did Powell Mean by “Need to Resume Balance Sheet Growth”?

By Mish

Some interpreted Powell’s statement to mean more QE. There’s a strong clue Powell meant something else. OK, but ….

Reports of AOC’s Demise Have Been Greatly Exaggerated
September 18, 2019 Off

Reports of AOC’s Demise Have Been Greatly Exaggerated

By Brendan O'Connor

On Wednesday, the New York Times published a story on Alexandra Ocasio-Cortez, profiling the freshman representative and ostensibly reviewing her…

Fed’s 2019 Interest Rate Expectations vs Market’s Expectations
September 18, 2019 Off

Fed’s 2019 Interest Rate Expectations vs Market’s Expectations

By Mish

The Fed’s view of where interest rates are headed in 2019 are quite different from market expectations.

Fed Cuts Rates 1/4 Percent, Three Dissents: Dot Plot Suggests No More 2019 Cuts
September 18, 2019 Off

Fed Cuts Rates 1/4 Percent, Three Dissents: Dot Plot Suggests No More 2019 Cuts

By Mish

The Fed cut interest rates 25 basis point to a target of 1.75% to 2.00%. There were three dissents.

Housing Starts Jump 12.3%, Permits 7.7%, Completions, 2.4%
September 18, 2019 Off

Housing Starts Jump 12.3%, Permits 7.7%, Completions, 2.4%

By Mish

Likely spurred on by falling interest rates, housing stats and permits jumped in August.

Editorial Mistake My Ass: New York Times Made Numerous Serious Judgment Errors
September 18, 2019 Off

Editorial Mistake My Ass: New York Times Made Numerous Serious Judgment Errors

By Mish

As details emerge in the New York Times Kavanaugh scandal, it’s very clear the NYT repeatedly made serious errors

Chinese-Thai Military Cooperation Expanding
September 17, 2019 Off

Chinese-Thai Military Cooperation Expanding

By Land Destroyer

September 18, 2019 (Joseph Thomas – NEO) – Recent news of Bangkok signing a 6.5 billion Thai Baht deal with…

Facebook and Twitter Aren’t Even Pretending to Take the FEC Seriously Anymore
September 17, 2019 Off

Facebook and Twitter Aren’t Even Pretending to Take the FEC Seriously Anymore

By David Uberti

WASHINGTON — Lest one needed another example that Big Tech isn't afraid of government regulators, Facebook and Twitter provided more…

50,000 UAW Workers on Strike and GM is Already Just One Notch Above Junk
September 17, 2019 Off

50,000 UAW Workers on Strike and GM is Already Just One Notch Above Junk

By Mish

Almost 50,000 UAW workers went on strike over the weekend. The sides are far apart according to some reports.

Sarah Silverman, Who Did Blackface, Doesn’t Think You Should ‘Cancel’ People
September 17, 2019 Off

Sarah Silverman, Who Did Blackface, Doesn’t Think You Should ‘Cancel’ People

By Josh Terry

In July 2001, Sarah Silverman appeared on NBC's Late Night with Conan O'Brien and used the racial slur "c—k" multiple…

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