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S&P 500 Slips into Bear Territory on Worst Christmas Eve Trading Ever
December 24, 2018 Off

S&P 500 Slips into Bear Territory on Worst Christmas Eve Trading Ever

By Mike Mish Shedlock

The S&P 500 went into bear market territory today on the worst Christmas Eve trading session ever, percentage-wise.

Trump: “Fed Like a Powerful Golfer Who Can’t Putt”
December 24, 2018 Off

Trump: “Fed Like a Powerful Golfer Who Can’t Putt”

By Mike Mish Shedlock

Trump lashed out at the Fed again today saying the only problem with the economy is the Fed.

The Seven Wildest Scandals and Scams of 2018 That Don’t Involve Trump
December 24, 2018 Off

The Seven Wildest Scandals and Scams of 2018 That Don’t Involve Trump

By Matt Taylor

It’s only fitting that the great American tradition of the scam is thriving with Donald Trump in the White House.…

Trump Made Immigration More Popular in 2018
December 24, 2018 Off

Trump Made Immigration More Popular in 2018

By Harry Cheadle

One of Donald Trump’s most consistent focuses, a vision he’s had as a candidate and maintained throughout the first half…

Japan Gives Up On Inflation, Now Wants Deflation (Sort Of) to Offset Tax Hikes
December 24, 2018 Off

Japan Gives Up On Inflation, Now Wants Deflation (Sort Of) to Offset Tax Hikes

By Mike Mish Shedlock

Today seems straight from the Twilight Zone: First the PPT and now Abenomics in full reverse.

Trump Plans to Convene Plunge Protection Team (PPT)
December 24, 2018 Off

Trump Plans to Convene Plunge Protection Team (PPT)

By Mike Mish Shedlock

In lieu of firing Powell, President Trump has a new idea: Convene the PPT

Rand Paul’s Border Idea and a Dozen More in Festivus of Tweets
December 23, 2018 Off

Rand Paul’s Border Idea and a Dozen More in Festivus of Tweets

By Mike Mish Shedlock

Senator Rand Paul listed a barrage of Tweets of things to think about for the new year.

Trial Balloons, Purposely Leaked Stories, Trump, the Meaning of “For Cause”
December 23, 2018 Off

Trial Balloons, Purposely Leaked Stories, Trump, the Meaning of “For Cause”

By Mike Mish Shedlock

Trump backed off firing Powell and former NY Fed president William Dudley chimes in on the matter.

Trump Discusses Firing Fed Chair Jerome Powell: Can He? Sure!
December 22, 2018 Off

Trump Discusses Firing Fed Chair Jerome Powell: Can He? Sure!

By Mike Mish Shedlock

Trump is extremely displeased with Powell’s rate hikes. Trump has asked advisors if he can fire Powell. Watch out.

What “Winning” in Afghanistan Really Looks Like
December 22, 2018 Off

What “Winning” in Afghanistan Really Looks Like

By Mike Mish Shedlock

“By the end of next year, the war in Afghanistan will be over.”

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