Latest
Hey, Donald, You Just Buried MAGA!
By David Stockman |
The Donald buried MAGA once and for all today. He did so by making the preposterous claim that the US economy would have grown at 4% if the Fed had not raised interest rates; and then added insult to injury by nominating a supply-side crackpot, Stephen Moore, to the Federal Reserve Board.
Ooops! Atlanta Fed Sees Q1 GDP Tumbling To Just 0.2%
……the Atlanta Fed slashed its Q1 GDP Nowcast….. and is now at the lowest recorded level, and just 0.2% away from economic contraction. <!– [if IE 9]>< ![endif]–><!– [if IE 9]>< ![endif]–>
View Chart 
Thanks For The Cheap Money, Fed: December Single Family Starts Back To October 1982!
Single Family House Starts—-October 1982 Redux
View Chart 
End Of The Ballyhooed Trumpian Boom? Nah, Probably Just Another “Glitch”
Philly Fed Business Index
View Chart 
Build It And They Will Come……Or Not!
Around 21% of China’s urban housing stands empty, according to one estimate. © Getty Images
View Chart 
Nah, Probably Nothin’!
……… the biggest drop in the control group since the 9/11 attacks in 2001!…
View Chart 
The No Inflation Scam: BLS Says New Car Prices Up 0.0% In 20 Years, Actual Dealer Lot Prices Up 20% In 10 Years
BLS Price Index For New Vehicles—–0% Rise In 20 Years Actual USA Transaction Prices: Up 20% In 10 Years
View Chart 
Just Sayin’
Two Years Before The Dotcom/Tech Crash of April 2000: Two Years Before The Everything Bubble….???..Of January 2019
View Chart 
Behold, The Year Of C.I. T. A. (Cash Is The Only Alternative)
case for C.I.T.A. (“cash is the alternative”): Chart Courtesy of Charlie Bilello of Pension Partners
View Chart 
At Least One VC Man Knows How To “Cut” His Losses!
Crown Prince Mohammed bin Salman, center, met with a group of venture capitalists in San Francisco in June 2016. Photo: Bader Al Asaker The kingdom is now the largest single investor for U.S. startups, an unsettling fact for Silicon Valley
View Chart 
What Boom? Mortgage Applications Hit Lowest Rate Since Sept. 2000
lowest applications since September 2000…
View Chart 
End To What Austerity? What Planet Does Theresa May Live On?
What planet does Theresa May live on? “A decade after the financial crash, people need to know that the austerity it led to is over and that their hard work has paid off. There must be no return to the uncontrolled borrowing of the past. No undoing all the progress of the last eight years …
View Chart End To What Austerity? What Planet Does Theresa May Live On? Read More »
27 Years After The Soviet Union Perished—Record High Real National Security Spending
Source: Table 4.1, Off
View Chart 
Insider Stock Sales Near All-Time Highs….Probably Nothin’!
…. at or near record highs,” TrimTabs wrote in a note.
View Chart 
Hey, Donald, You Were Right The First Time—Syria’s None Of Our Goddamn Business!
Trump 2013 vs Trump 2018 on Syria…
View Chart 
Mind The Red Ponzi—Total Credit Is Still Shrinking
impulse is still negative and remains at the lowest level it has been in two years.
View Chart 
Thanks For The Stock Bubble, Fed! The Top 10% Of Households Got 84% Of The Windfall
same people who benefit most from the tax cuts.
View Chart 
Two Jobs, Less Pay, No MAGA
in August 2008, and the highest all the way back to 1999. There was o
View Chart 
Mind The Red Ponzi: Industrial Production Growth Is Flatlining, Consumer Spending Gains Are Faltering
Chinese Industrial Production Growth Is Flatlining Consumer Spending Growth Is Faltering, Too
View Chart 
You Can’t Borrow & Build Your Way To Prosperity—Mind The Red Ponzi’s Sinking Red Line (FAI)
Growth Internals – China (FAI, Industrial Production, & Retail Sales)
View Chart 
More Premium Articles
Recommended Reads
Historical Archive