Not good news for Hitlery.
You know, the old crone running for the Third Obama term.
I think they are in transition right now and gearing up to Blame Trump...
The Republicans will be blamed, you can make book on that, despite giving Obama and Democrats everything they’ve wanted for the last seven years.
When you off shore the nations physical plant how/what do you invest in the USA to increase efficiency and expand production? We're not in the game.
The USA's job is to spend printed money buying g trinkets made by slaves all over the world. Get with the program people.
and there is your answer. It's us stupid Trump supporters not willing to buy more Chinese made trinkets. Get out there and charge your way to prosperity you fools!
A very good Friday morning to y'all! So stock indexes wound up flat yesterday and while trading volume did increase slightly it was still below average. That kind of commitment deficit's continuing into this morning's futures with these guys off a bit and these others buying in like crazy.
No confusion in metals land as the climb continues to new highs --gold, silver hitting $1,264.90, $15.62. Not as much outside static, the only report is an hour before the bell: Export Prices. My stack:
Why They Hate ExxonMobil: Killing Fossil Fuels - Rachelle Peterson, TWS
Which Candidate's Tax Plan Is the Most Pro-Growth? - Scott Hodge, RCM
In Defending Trump, I'm Not Capitulating - Larry Kudlow, National Review
How Economy Depends on Your Political Leanings - Caroline Baum, MW
Fed Failures Call For An Explicit Fed Rule - Allan Meltzer, Defining Ideas
Fed Shouldn't Watch Calendar - Frederic Mishkin & Amir Sufi, Bloomberg
Central Banks Really Don't Know What They're Doing - Jeff Snider, RCM
It must have been the Tea Party. We were not sufficiently enthusiastic about making Dear Leader’s economy robust.
You can’t print “digital” money and give it to Wall Street each month and expect anything but eventual economic failure.
bammy did nothing to improve productivity. All he did was take Whitey’s dwindling money and give it to non-Whitey.
It is all pretty clear to me....
Obama’s fault
Governments alone are not to blame...the people running it are
“The past two recessions were caused largely by private actors: the risky lending of the mid-2000s and the dot-com bubble at the turn of the century. “
Wait, What? There was a recession at the turn of the century? We were blessed by the magnificence that was Bill Clinton. Blasphemy. Good thing the NYT held their tongues on it, unlike 2008.
Even Ford knew that to sell cars you had to pay workers enough that they could afford to buy them
I thought they would pin the blame on “anti-social elements” who refused to be loyal to Saint Barack? :)
Bush!!!!!!
“which has pushed more money into the hands of the rich, who are less likely to spend it.”
They invest it, that is how they got rich.
With Obama Regulations and Taxes, the question everyone is asking....what to invest in?
Negative returns is the state of the economy.
I suppose “Bush’s Fault” has finally, at long last, played out.
My guess is Janet Yellen goes under the bus for this one.
Maybe it’s because few want to work and produce any more? Could that be it?
How long after the election will it be before the MSM is demanding answers from the new Republican president about the “failing” economy, “Mr. President, what are YOU going to do about YOUR troubled economy?”
Bush’s fault!
George W. Bush is the most influential president in history. Everything negative that has happened since he left office (which is almost everything that has happened in these terrible seven years) is his fault.