More Evidence The Economy Is Deteriorating

"... the narrative that the tax cuts would stimulate economic activity was pure propaganda... The average middle class household spent its tax cut money on more expensive gasoline and food. Since the tax cut took effect, auto sales, home sales, and real retail sales have been declining."

  • Aug 26, 2018 9:15 PM

Frontrunning: May 11

  • Quotas Return as Countries Seek U.S. Tariff Exemptions (WSJ)
  • Trump plan for drug prices may spare industry (Reuters)
  • Squeeze on Iranian Oil Could Upset OPEC Pact (WSJ)
  • Iran says Syria has every right to defend itself against Israel (Reuters)
  • Democrats Campaign on Health-Care Expansion After Failed ACA Repeal (WSJ)
  • May 11, 2018 8:44 AM

The Worst Trades In History

A recurring theme of hubris tends to underline many corporate gaffes though some are plainly due to poor judgement...

  • May 7, 2018 12:36 PM

Retail Rents Plunge 20% Across Manhattan

"I think we will start to see some more of the savvier tenants of companies realize we’re starting to get to a point where they can drive some good deals for themselves..."

  • Apr 26, 2018 8:05 PM