The shift in data shows that while Wall Street's top brass may still understand the value of Republican leadership, bank employees themselves may overwhelmingly favor progressives...
And, according to Gundlach, by 2027, economic inequality, strained by fiscal and monetary policy, would come to the point of some sort of revolution, which would put the 2024 presidential election directly in the path of massive social, economic and political change
The recent trend remains in line - ever bigger auctions (the $55BN auction size was more than 50% higher than the auction sizes for much of the past decade), at ever lower yields, all of which has been made possible by the Fed.
"People will have to save more to reach their objectives, be they a secure retirement or sending their kids to college. That leaves less money to spend."
US General kicked off major US-Japan joint naval exercises by declaring regional assets "can and could be used to deliver combat troops to defend the Senkakus."
Americans predict they will spend an average $805 on Christmas gifts this year, significantly below their estimate a year ago ($942) and the lowest October holiday spending projection Gallup has measured since 2016
"We saw an impact of people depositing their stimulus checks into Robinhood. We saw, you know, deposits that were equal to or multiples of the stimulus amount."
...the 60-year-old cult leader was facing just 15 years for charges of sex-trafficking, racketeering, child pornography, and forced labor. However, Judge Garaufis used his discretion to increase the sentence to 120 years...
