by confoundedinterest17 Albert Collins said it best about the US economy under Joe Biden: “Lights Are On But Nobody’s Home”. The Federal Reserve forecast for the US economy is a dismal 0.50% YoY. Do I detect a trend? The FOMC forecast for …
Wall Street is bracing for huge bonus cuts after a dismal year in which dealmaking has dried up and investment banking revenues dropped by half. Final decisions have not been made at most banks, but it is clear that last …
US High Yield – CDX has tightened by 180bp in 6 weeks despite dismal data. Against the collapse in homebuilder sentiment & Empire PMI it looks nuts. pic.twitter.com/2M7SEwXGLC — PPG (@PPGMacro) August 17, 2022 US mortgage payments as percentage of …
Biden is literally in the basement Another dismal #poll from mainstream media showing what a failure his presidency is https://t.co/zq49NI0tpk — Kellyanne Conway (@KellyannePolls) March 1, 2022
The state of democracy around the world fell to a record low last year, according to a new report released Thursday that placed blame in large part on pandemic restrictions that have seen many nations struggle to balance a public …
The numbers are cringeworthy — 22% and 12%. That’s the support for President Biden and his VP Kamala Harris in an I&I/TIPP poll that asked who would you vote for in the 2024 election. Even if you doubt the veracity …
President Joe Biden spoke on Friday after the release of April’s jobs numbers. The Bureau of Labor Statistics released the April numbers, showing that employment rose by 559,000 in May, though this was about 100,000 less jobs than economists had …
From Credit Suisse’s latest global investment returns yearbook, Generation Z’s earnings from stocks and bonds will be significantly lower than those of previous generations. https://www.economist.com/graphic-detail/2021/03/15/young-people-stand-to-make-dismal-returns-on-their-investments “They estimate that baby-boomers (defined here as those born 1946–64), Generation X (born 1965–80) and …
via Reuters: Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth. Weak Purchasing Managers Index (PMI) readings reinforce …
by Simon Black Yesterday the Office of Management and Budget released a new report called the “Mid-Session Review” of the US federal budget. It’s something they’re required by law to do– periodically review and update the government’s budget and track the changes. The …