Eyes opened when the news came out that Steve Mnuchin had requested the Fed return unused stimulus money. Money that Powell and Fink have used to artificially boost the market, making Trump’s declarations that he was the sole person responsible…
Category: Uncategorized
EU Economy: Dude, where’s my money?
Why the attempt at suppressing the reward of dispossessing oneself (i.e., “Interest”) failed… and where has that money gone. It sometimes happens. You are tired, distracted, scared, nauseous…. and that’s when it hits you, a different way of looking at…
Political Calculations for Trump Election Drama with Fiscal Commentary
Political calculations in the next 30 days · Timetable of events leading to the electoral college vote on December 14 · But perhaps instead of flipping 6 states, it’s time for the ‘faithless electors’ · Is a Fiscal Stimulus Deal Possible by Year-End? · US…
Overview assuming a Biden Administration
For Trump: Neutral. Losing in a manner that is extremely questionable in people’s eyes will only make him a martyr. He will use this to grow a new media and political organisation for the future. For Dems: Absolute disaster. Trading…
How not to deal with radical uncertainty
We have no doubt that the pollsters will try to find a way to tell us that they got it right after all, or at least that the results were not as they looked. Economic forecasters did the same thing…
Final 2020 Election Update – Expanded
Key Issues · Stimulus Passage/Delay Political Calculations – see above · Corn/RFS Waivers · Polling vs Reg Voter Statistics · Battleground States(Latino & Black Male vote collapse) · Obama MIA(PA late, now FL over Mich?) · Covid vs Economy · Electoral College prediction – 306 electoral votes…
Final 2020 Election Update
Key Issues: -Stimulus Passage/Delay Political Calculations -Corn/RFS Waivers -Biden Oil Industry Threat -Polling vs Registered Voter Statistics -Battleground States & Voter Demographics -Obama’s Tepid Support -Covid vs Economy Stimulus continues to be the focal point for both parties on the…
The ANGLOSPHERE
It is easy, and more than a little fun, to make light of longstanding British earnestness regarding the USUK special relationship. As such, it is unsurprising that the late Christopher Hitchens made such sport of it. He pointed out: “British…
US STIMULUS & ELECTION UPDATE
US Stimulus Update Firstly, bear in mind, Presidential EOs are the back stop, especially for UI and PPP. However, as our very own Harald Malmgren states, Pelosi’s rejection of the $1.8 trillion offer is more about the details of its content, and…
Political Economic Games Over Stimulus Emerge
With a deal near complete, at the 11th hour, Trump decided to pull the rug out of negotiations to recapture the political narrative. On the face of it, it seemed a rush to judgement and erratic move by Trump. However,…