Congress and the public are being 'gaslit' by the Fed... Relying on elected officials, the public is unwilling or unable to question Fed logic. Meanwhile, we sense that something is wrong...
... Enactment of another $25bn in airline aid looks increasingly likely.... but a standalone bill to authorize another round of stimulus payments to individuals is unlikely.
"(The halt in stimulus talks) is unlikely to be the catalyst for a significant sell-off as most market participants were not anticipating that a deal will be reached ahead of the election anyway."
...financialization is, ultimately, the national descent into zero coherence and zero rationality. It is in fact, the breakdown of society its self. It is the Road to Zero...
It pays today to never underestimate the venality of the people who think they run the world. It also pays to listen to them when they say the most outrageous things...
Senior editor, Ash Bennington, joins Tony Greer, editor of the Morning Navigator, to examine the latest wild market swings. Despite a large selling episode on…
"I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."