Main Street

Tyler Durden's picture

"Everyday American" Pleads With Hillary To Release Transcripts "So We Can Trust You Again"





"How can we trust that this isn't just more political rhetoric. Please, just release those transcripts so that we know exactly where you stand."

 
Tyler Durden's picture

Another Dead Cat Bounce (And They've Already Buried The Cat)





The Fed doesn’t see it coming and would be petrified by the prospect of a Wall Street hissy fit were it actually to express doubts about the sustainability of this so-called recovery. At the same time, Wall Street fails to recognize the obvious truth that the Fed is out of dry powder. If it attempts QE4, it will be a confession of total failure and lack of efficacy. If it actually seeks to launch negative interest rates, it will ignite a political firestorm of untold intensity. So both parties are unprepared for what is coming down the pike, and that makes this time truly different. There will be no massive liquidity injection and quick reflation of risk assets because even the Fed can’t push on a string when it is out of dry powder.

 
Tyler Durden's picture

"Truck-ocalypse" Hits Main Street As Daimler Fires 1,250 Amid Collapsing Demand





If you were looking for signs that US trade may be collapsing on itself, a good place to start would be Class 8 truck orders which, as we first documented in early December, have posted sharp y/y declines of late. Now, slowing demand for heavy vehicles is hitting home in North Carolina, where Daimler has laid off more than 2,000 people in the past two months alone.

 
Tyler Durden's picture

Fed's Kashkari Says "We Won't See Next Crisis Coming", Compares Banks To Risky Nuclear Reactors





"Unfortunately, I am far more skeptical that these tools will be useful to policymakers in the second scenario of a stressed economic environment. Given the massive externalities on Main Street of large bank failures in terms of lost jobs, lost income and lost wealth, no rational policymaker would risk restructuring large firms and forcing losses on creditors and counterparties using the new tools in a risky environment, let alone in a crisis environment like we experienced in 2008. They will be forced to bail out failing institutions—as we were."

 
GoldCore's picture

Mutual Funds, ETFs at Risk of a Run Warns Stockman





Banks, economists, brokers, financial advisers and other experts did not see the first crisis coming in 2008 and they are not seeing it now.

 
Tyler Durden's picture

Three Reasons To Be Worried About The Economy





The political class has completely disrupted the American structure of production, made American workers uncompetitive, snuffed the life out of entrepreneurs, and burdened the entire nation with a debt obligation the size of Jupiter. The US economy is not the strongest and most durable in the world — it is an unskilled thirty-two-year-old waiter crashing at his parent’s place and trying to pay down an $80,000 international relations degree.

 
Tyler Durden's picture

The Federal Reserve - The Deep State's Central Bank





The only possible reaction for the Fed is to reverse course. Besides, its main mission is to protect the Deep State’s finances – the flow of real wealth from you to it. And now we find the world’s elite – the Deep State financiers and economists – planning, explaining, and preparing the world for a U-turn.

 
Tyler Durden's picture

Robust Job Growth Doesn't Make Sense And The Numbers Show Why





There is no productivity mystery, only a distinct and illegitimate lack of curiosity on the part of economists to simply take the Establishment Survey as gospel regardless of how little it fit the rest of the world. It also calls into question the legitimacy of the FOMC and monetary policy that was certainly subject to, and predicated upon, the same quackery. No matter how little the payroll reports described the economy as it was, including the relation to GDP, they held on to nothing else to instead deny everything.

 
Tyler Durden's picture

The War On Savers And The 200 Rulers Of World Finance





There has been an economic coup d’état in America and most of the world. We are now ruled by about 200 unelected central bankers, monetary apparatchiks and their minions and megaphones on Wall Street and other financial centers. Unlike Senator Joseph McCarthy, we actually do have a list of their names. They need to be exposed, denounced, ridiculed, rebuked and removed.

 
Tyler Durden's picture

Sanders Slams Hillary As Wall Street Puppet Ahead Of Critical New Hampshire Primary





“I do not know any progressive who has a super PAC and takes $15 million from Wall Street."

“Enough is enough. If you’ve got something to say, say it."

 
Tyler Durden's picture

Welcome To The Recovery: 1 In 7 Americans (45.5 Million) Remain On Food Stamps





More than six years into Dear Leader’s glorious economic recovery, 45.5 million Americans, or one in seven, remain on food stamps. We'd say that’s a problem, but we don’t want to be accused of “peddling economic fiction.”

 
Tyler Durden's picture

"We're Nearing The End" David Stockman Warns, Retail Investors Are "Heading For The Slaughter"





The retail investor waded in again. The sheep lined up and, unfortunately, are heading for the slaughter one more time. I think it is very hard to see how this Baby Boom generation, with 10,000 of them retiring a day, can afford one more devastating crash in their stock holdings. That is, unfortunately, what we are heading for. That’s why I say it’s dangerous. When the bubble breaks, it will spill and flow throughout the Main Street economy.

 
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