Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

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
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
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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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