ECONOMICS

We have repeatedly said that the UMichigan survey – skewed ridiculously higher by the laughably outlier opinions of Democrats…

… has become a politicized farce (one overseen by rabid marxist professors with TDS such as Justin Wolfers, who at $600K per year, is rather generously overpaid for a communist). Moments ago the latest NY Fed Consumer Expectations Survey confirmed as much, when it not only reported that 5Y inflation expectations declined to 2.9% from 3.0%, the lowest since (more…)

Submitted by Huw van Steenis via the Financial Times,

The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan Stanley

What will the longer-term financial consequences of Trump’s tariffs be? We may be in a 90-day pause but the question remains urgent. A look back at Richard Nixon’s experience in 1971 could help investors understand what might happen next.

President Richard Nixon addresses Congress to explain his (more…)

Authored by Brandon Smith via Alt-Market

This past week after Donald Trump’s “Liberation Day” announcements the Dow Jones Index plunged by around 4000 points and the global panic was palpable. Social media was rife with nervous naysayers on both sides of the aisle – The leftists are panicking but also cheering because they think crashing markets will turn into public support for the woke commie brigade.  A contingent of conservatives are panicking too, but I’ll get to that in a (more…)