All

Bessent Blasts the Fed for QE, its “Perverse Incentives” for Fiscal “Irresponsibility,” “Wealth Effect” Policies, “Class and Generational Disparities,” Failure on Inflation… Oh I So Agree

“This harmful cycle concentrated national wealth among those who already owned assets”: Bessent.

Federal & State Governments Shed 28,000 Jobs in August. Private-sector hiring machine slows, waiting for clarity, but layoffs remain very low.

Compared to the size of the economy, the Fed’s assets are now down to 21.8% of GDP, where they’d first been in 2013.

Unemployment claims are even with a year ago and are below two years ago.

Liquidity now begins to drain out of the markets for the first time since the debt ceiling.

Extend-and-pretend and forbearance deals widely implemented to “cure” delinquent CRE mortgages.

The bond market’s reaction to cocktail of inflation fears, potentially lax Fed, and Mississippi River of new debt flowing into the market.

Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents.

An ugly situation. But capital gains taxes and tariffs helped. And the debt ceiling covered up part of the problem.

And to top it off: cancellations of pending sales rose to a record rate in July.

Page 1 of 752

1 2 3 … 752 »