The Fed and stock market are playing chicken. How much lower will stocks fall before the Fed stops bluffing its about to raise rates?
— Peter Schiff (@PeterSchiff) August 20, 2015
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- If #Trump really wants to reduce America's trade deficit he needs to slash regulations and massively reduce government spending, including entitlements. That will free up resources to investment in plant, equipment and worker training that will improve our global competitiveness.
- It's a myth is that breaking a shopkeeper’s window will ultimately boost the economy. http://bit.ly/2x6ibKK
- To save the stock market while pretending the "recovery" in still on track, the #Fed used low oil prices as its excuse to turn more dovish.
- Had the same 2% inflation assumption used to calculate Q1 #GDP been applied to Q2, the reported growth rate would have been just 1.6%!
- Production is declining and this is going to put an enormous amount of pressure on prices down the road. http://bit.ly/2ilUyqo
- The tax code itself creates incentives, and tax cuts can help change those incentives in positive ways that boost growth. http://bit.ly/2B7pwia
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
- From FX Street. https://t.co/GlQoCBfVRN
- #Macy's stock price is down over 40% in the past 3 months on weaker sales. This supports my forecast for a weak holiday shopping season.
- Opinions on Thomas Sowell?