The Dominic Cummings Charade of Boris et al | 23 comments (23 topical, editorial, 0 hidden)

Steady Before Brexit-Trump-Boris Collapse (none / 0)

Euro area #unemployment down to 7.5% in June; lowest rate since July 2008. EU at 6.3% - lowest since the start of the series (_link) pic.twitter.com/xmYcMweLd3
— EU_Eurostat (@EU_Eurostat) July 31, 2019

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

'Sapere aude'

by Oui (Oui) on Wed Jul 31st, 2019 at 04:49:13 PM EST

Re: Steady Before Brexit-Trump-Boris Collapse (none / 1)

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 ]

Re: Steady Before Brexit-Trump-Boris Collapse (none / 1)

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 ]

The Dominic Cummings Charade of Boris et al | 23 comments (23 topical, 0 editorial, 0 hidden)

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