Monthly Archives: November 2019

Ten Facts About Inequality In Advanced Economies (AE) — PIIE

Very good discussion on the inequality landscape in the AEs.  We know it ain’t no Tik-Tok video but it’s a good investment of your time to learn something more about what is important and going to drive the political economy … Continue reading

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The Parable Of The Good Salvadoran

It was just past midnight on a Saturday night when the pastor of a popular urban city megachurch, Reverend Jerry Graham Jr., had just finished the bulletin on the billboard sign located on the lawn outside the large modern church … Continue reading

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Discipline Trumps Conviction

Today’s close above 3125 takes us out of our short position, which we started scaling into at 3025.  We are still fairly confident that this market can be bought at much lower prices at some point in the next 18 … Continue reading

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China Trade Talks And Presidential Stengelese

All right everyone, line up alphabetically according to your height. – Casey Stengel  US Pres Trump: We Have To Stand With Hong Kong But I’m Also Standing With President Xi – FOX News — LiveSquawk (@LiveSquawk) November 22, 2019

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Party Like It’s 1999

Geez…all roads seem to lead to skewed distributions, be it: 1) household wealth ;  2) excess reserves held by a few large SIFI banks, and, 3) stock market returns (narrow breadth).   Not healthy. Handy graphic from #EvercoreISI showing highly-concentrated returns … Continue reading

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Is Real Populism On The Way?

The new cover of Time thinks so. Real populism is usually rooted in left-wing economic policies of soaking the rich, import-substitution trade policies and zero concern of protecting the wealth of the elites, which is mostly held in the financial genre of … Continue reading

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Ronald Reagan Must Be Rolling Over In His Grave

There are facts, as established and documented in the Mueller Report, and there are conspiracies, created and propagated by the Russian GRU and Vladimir Putin, and held by the President of the United States and his followers. The Russia expert … Continue reading

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This “Chinese Hoax” Is Already Getting Old But Just Beginning

The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive. — Donald J. Trump (@realDonaldTrump) November 6, 2012 Our power is going to be shut off again.  That’s three times in … Continue reading

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Trade And Tariff Hysteresis

Hysteresis in the field of economics refers to an event in the economy that persists into the future, even after the factors that led to that event have been removed. – Investopedia I first heard the term hysteresis applied to … Continue reading

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World Growth Projections – IMF

In case you missed the IMF World Economic Outlook (WEO) growth projections,  here you have it.  Forecasts are a guide, not a constitution.  

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