A weaker CNY does acknowledge that the Chinese really do need help, but it most certainly is not the help they need.
Any recession still retains its inventory roots., despite the Fed’s countercyclical manipulation. And now we see a big problem there.
Is it even possible to add anything else that would make this all seem even worse?
Things that happen in one place happen in every place.
The Labor Market isn’t what Powell said it was.
And why you shouldn’t be one either.
Ending QT prematurely admits that something was off. Here’s what it was, and is.
Perhaps too much attention was given to “one-and-done”, the knee-jerk disappointment over what everybody is saying was not enough “dovishness.” And while that may have been true as it relates to main star of the puppet show, rate cuts, the FOMC actually did deliver better theater at least with a secondary character. The latest official […]
The first rule of central banking is not to make anything worse.
In every likelihood, the Federal Reserve today is going to join other central banks around the world who have already cut rates. It is the synchronized signal completing the turn from globally synchronized growth into a globally synchronized downturn.