Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.
The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution.
Come the next crisis, our problems will intensify. Tax revenues will plummet. Deficits will grow to $2 trillion a year in 2019 or 2020.
We have a bubble economy, not an economy on a solid footing of rising wages, productivity, sales, and profits. The boom we have enjoyed is largely fake.
A fight with the Fed one week. A trade war with China the next. And now, it’s a war with the Democrats. Donald Trump knows how to keep the cameras rolling.
The concept of the ‘rugged individualist’ is mostly a myth. Man is a social animal. With no one to stand beside us, we might as well not stand at all.
Whatever good was done by the Trump/Xi trade war truce in Buenos Aires was likely undone by what was done in Vancouver Airport earlier this month.
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.
Polls show Americans hold the military in the highest esteem. But for all the money and status, are Americans safer? And against what enemy?
Donald J Trump says he doesn’t believe in global warming. The scientists may have charts and graphs, but the president just doesn’t care.
France’s best and brightest were committed to making the country a paragon of environmental correctness — no matter what the cost.
The show went on! And, as we predicted, The Donald claimed victory…and stocks went up. Fake money. Fake interest rates. Fake employment. Fake boom.