Search Results for: The New Economy

The New Economy

In 1999, I called one of my professors from graduate school who taught monetary theory.  Let’s call him Joe. Here’s a short summary of the conversation: Me:  Professor Joe,  can you believe how big this stock market bubble has grown? … Continue reading

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COTD: China’s New Economy

Source:  FT But slow transformation overall……. (COTD = Chart of the Day)

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ECB cuts rates to buoy eurozone economy – EuroNews

(click here if video is not observable)

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Be Skeptics Of Macro Data In The Two-Speed Economy

Dig deeper, folks. Our good friend, David Jones, sent the following IBD piece over this evening. If you been following GMM over the past week, you know we are knee-deep in the Federal Reserve’s distribution of wealth data (see our … Continue reading

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Now For Some Good News On Trade

WASHINGTON — Amid President Donald Trump’s trade war with China, nearly two-thirds of Americans say they support free trade with foreign countries, according to the latest national poll from NBC News and the Wall Street Journal. That represents a new high in the NBC/WSJ survey … Continue reading

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The Economy Heads South

  Today’s ugly retail sales and industrial production data knocked 50 bps off the Atlanta Fed’s GDP Now forecast for Q2 GDP, now down to 1.1 percent.   That’s a big decline compared to the recent Q1 3.2 percent print, which … Continue reading

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How Strong Is The U.S. Economy?

Not as strong as many, including President Trump believes.   GDP growth and even the jobs data, including the unemployment rate, though fairly sunny, look deceptively strong and need a deeper look, which we have provided for you over the … Continue reading

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Trump Losing Fox News – Summer of Discontent Cometh

Caveat emptor.  The complacency in markets is absolutely stunning as the U.S. slowly drifts into, what could be, the biggest Constitutional Crisis in the nation’s history. Trump lost the top legal analyst at Fox News today.  This is a major … Continue reading

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Trade Talks & The Chinese New Year: The Year Of the Pig [In A Poke]

  ‘Don’t buy a pig in a poke’ might seem odd and archaic language. It’s true that the phrase is very old, but actually it can be taken quite literally and remains good advice. The advice being given is ‘don’t … Continue reading

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Midterm Political Economy Rorschach Test

President Trump and President Obama were in a big pissing match over the weekend on who should get credit for the current healthy economy. Take our Rorschach Test by viewing the inkblots economic charts and you decide.   Then take the … Continue reading

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