The stock market is data clear. Monetary policy is loose.

There are a lot of personal treatments. My wife just said i need a Headicure. 😎🍷

Not only has the Fed not done its job, the fact is five years into the inflation problem the longer term is continued to diverge from their long-term to percent trend. It’s quite clear that even though 2% might be in sight, or might have been, that level is not likely to be

Du har rett. Everything is about creating a narrative that justifies the end result of perspective you believe in. What will become more and more scary is technologies ability to rewrite history on a broad scale. What will become more and more dangerous is that the audience will

At least one voting member gets it

Keep in mind, but not only is the rate of insurance charge gone up but the value of what is being short is increased tremendously as well. A double whammy.

Trump/Pelosi Family Values

Birthday chapeau

Math question of the day: Can a house divided still be rational?

If my memory is correct, this is already happened before. The United States offered security guarantees to Ukraine to induce them to cede control of their nuclear arsenal. I am not insinuating that President Trump would not honor that commitment but nothing guarantees that a

Anyone else agree that one of the worst things to happen to the English language was the naming of drugs? Right behind that you can add the naming of celebrity kids.

Political question of the day: As part of this negotiation, should President Zelenskyy ask for the return of the Ukrainian nuclear weapons.

As a general matter, this is hard to believe. However the unadjusted data year to date is 715,000 jobs below normal. The seasonal adjusted numbers are not near that so maybe. From a fundamental perspective, job claims certainly don’t show any indication of that sort of job

Yes because he let inflation become unhinged and did nothing about it. The President is right at the fed is not a terrible job but rates is not the answer even for the housing market.

Hey. Arthur Burns is happy there is finally a Fed Chair who will be more destructive.

This has my wife’s name written all over it🍸

I can pretty much encapsulate Powell in one word…travesty Let’s go back to a year ago. The Fed used basically a single data point to do the largest rate cut to start a cycle I can remember and followed it up with two additional cuts. At that point, the employment market was

That is particularly true since inflation is still too high and rising. Further, the argument that tariffs will have a single impact is highly unlikely from a mathematical perspective. This will be a discontinuous event which likely will cause significant distortions going

Are they going to get the money back and return it to the taxpayers?

Has anyone done an analysis on the change budget trajectories due to the downward revisions to the employment data and the weakening in jobs?