recovery

Traders Yawn After Fed's "Great Unwind"

One day after the Fed unveiled the "Great Unwinding" the reaction has been largely muted, with S&P futures unchanged, near all-time highs as European and Asian shares rose modestly while the dollar edged marginally lower through the European session after yesterday’s post-Fed surge.

Econophile's picture

America’s infrastructure is not crumbling, massive spending won’t create any permanent jobs, and productivity is not suffering because of our infrastructure. These are economic myths that lobbyists, infrastructure contractors, and the American Society of Civil Engineers perpetuate to get fat contracts.

Back To Rehab Or Continue Chasing The Dragon

"Like a drug addict chasing the proverbial dragon, the world’s central bankers are faced with the painful choice of rehab to break the grip of easy money or an on-going downward spiral toward economic demise."

Trump's "Fiery" United Nations Speech: Full Transcript

"Major portions of the world are in conflict and some, in fact, are going to hell, but the powerful people in this room, under the guidance and auspices of the united nations, can solve many of these vicious and complex problems."

About That "Coordinated Global Economic Recovery"

Day-in, day-out, asset-gatherers and commision-rakers remind hapless investors that all is well in stock markets because "there is a coordinated global economic recovery" going on... "that hasn't happened for years." As you might imagine... that is not exactly true when one looks at the hard data.