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- Given how large past #Republican deficits have been relative to the initial rosy projections when the goal was to balance in 10 years, imagine how much further off the mark #Trump's deficits will be when even the pretense of eventual balance has been dropped!
- SEP Commentary "The Investment Game is not so much about holding a good Hand as playing a bad Hand well" published. http://bit.ly/1MY9KUc
- Fortune Tellers: The Story of America’s First Economic Forecasters
- 10-year U.S. treasury yields just touched 2.9%. This is a new high for the move. The rise in response to the CPI was delayed by the initial plunge in stock market futures. But now that stocks have recovered most of their losses, bonds are plunging.
- Hope springs eternal. After having initially forecast 2017 Q4 #GDP growth at 4.5%, only to see it come in at just 2.6% (likely to be revised lower next month), the Atlanta Fed's initial read on 2018 Q1 GDP is 4.2%. Let the GDP limbo begin.
- [Peter Schiff Podcast] Fed tries to instill false hope into consumers that the economy is getting better. https://t.co/j8rR20ylKs
- Since Dec. 12, the day before the Fed moved, gold climbed 5.7% to $1,314.36 an ounce, last week touching the highest level in three months and has climbed higher since. http://bit.ly/2CYWj9x
- Former Reagan budget director David Stockman warns of a fiscal bloodbath in America's future. http://bit.ly/2qlfBhY
- The amount of silver flowing in Swiss wastewater comes in at about 3,000 kilograms every year. http://bit.ly/2gCWjPO
- I'm watching the #DemocraticDebate. It should be call "Dumb, Dumber, & Dumbest." I just need to decided who's who!