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The trade disputes and pressure on multilateralism will end in an economic recession in 2020. Trump wants to get rid of Fed Chairman Powell, a rate cut should secure another year of corporate wealth and high stock prices to assure his re-election next year. Gaming the national economy ... until the boomerang hits you in the back of the head.

Fiscal exuberance of Presidnt Trump 2016-2020

Global Warming - distance between America and Europe is steadily increasing.

by Oui on Wed Jul 31st, 2019 at 04:49:13 PM EST
Fed cuts rates for first time since 2008
"The Fed's actions Wednesday follow through on market expectations for a 25 basis point cut. Heading into the meeting, federal funds futures markets were pricing in a 79.1% chance of a 25 basis point move, with a 20.1% chance that the Fed would cut by 50 basis points."

DOW 30 -333. Wait for the bounce in 3, 2, 1 ...

Diversity is the key to economic and political evolution.

by Cat on Thu Aug 1st, 2019 at 01:09:23 AM EST
[ Parent ]
Today was worse than a dead cat bounce. Maybe tomorrow.


"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Aug 1st, 2019 at 02:11:40 AM EST
[ Parent ]

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