Monthly Archives: December 2019

If Facts Mattered…….

Posted on December 3, 2019 by macromon

The just-released phone logs in the House Intel report would be a nuclear bombshell and could potentially take down a government.   Unless, of course, Rudy is working on a balanced budget amendment with the OMB. Democracy cannot survive if facts … Continue reading →

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American Democracy In A Bear Market

Posted on December 2, 2019 by macromon

…As partisans have drifted apart geographically and ideologically, they’ve become more hostile toward each other. In 1960, less than 5 percent of Democrats and Republicans said they’d be unhappy if their children married someone from the other party; today, 35 … Continue reading →

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Manufacturing Sector Contraction Continues, Led By New Orders – ISM

Posted on December 2, 2019 by macromon

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November, and … Continue reading →

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S&P’s Great Run…What Next?

Posted on December 1, 2019 by macromon

The S&P500 price index is up 25.30 percent going into December, the 9th best performance for the index from January to November since 1950.   What makes this year’s rally unique to the prior big years is that it launched from … Continue reading →

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