When Goldman Sachs downgraded all global stocks, it gave a peculiar reason.
What makes Janet Yellen and a number of other FOMC members so dovish with respect to monetary policy and in particular the trajectory of rate normalization?
Boy, that was some bullish July advance report on U.S. manufacturing put out by Markit.com on Friday!
It’s now at the point where I cringe each morning when I open the Washington Post, dreading what transparently tendentious pro-Open Borders/amnesty immigration inanity will greet me not only on the editorial pages, but on the news pages.
Have you no sense of decency sir, at long last? Have you left no sense of decency?
Money-losing Amazon is Exhibit A of how the Fed’s free money for Wall Street and corporate mastodons is destructive to the rest of the economy. It creates unfair competition.