...this Fed study runs in sharp contrast to recent Fed statements that the economy is sound... also in contrast to those who suggest lower interest rate will revive housing... Rather, rates are down precisely because the economy is weakening...
Why worry about risk? So what if we gap down one day? It’ll be green in 30 minutes. So what if we drop 50 handles in overnight? It’ll be green by open...
In November US consumers hunkered down and just as the holiday spending was in full force, and unexpectedly repaid $2.4BN in credit card debt, the most since March.
"As a reminder, the Fed, BOJ and ECB are expanding their collective balance sheets by $100B per month in addition to the Fed's overnight Repo operations which have ranged from $75B to $490B at year end."
The year 2019 unfolded just about as we predicted in our annual look-ahead post entitled "2010+9". And that's nice. But it's all for naught if we fail to correctly forecast where we go from here. With that in mind, here's a first look at what to expect in 2020.
...the debate is rather Keynesians, New Dealers, and, now, Modern Monetarists versus conservatives, libertarians, and other defenders of free enterprise...
The Boeing saga is an excellent example of the essence of branding and marketing. Marketing is not simply coming up with clever ways for somebody to buy your product. It is much more than that. It is about value and values. Boeing is just another company to have placed the pursuit of shareholder value as its most precious. It has done this through actions, not words, as you will see by their vision statement.
“The service providers posted the largest gain since April, driven mainly by professional and business services. Job creation was strong across companies of all sizes, led predominantly by midsized companies.”