Feel like I am living in lala land

Now the market thinks the Fed could make an even deeper cut to rates later this month

Bezos made his billions thanks to cargo ships, delivery trucks, cargo planes, trains, manufacturing plants, etc....all contribute massively to carbon emissions. Let's not even discuss Amazon's "cardboard footprint". But yeah - he is the white knight ...

Jeff Bezos: I spend my billions on space because we're destroying Earth

“Most of the mess that is called history comes about because kings and presidents cannot be satisfied with a nice chicken and a good loaf of bread.” ― Jennifer Donnelly, Revolution

Trump: He could impose more tariffs on China if he wanted

Yawn

Lighthizer And Treasury Secretary Mnuchin Will Travel To Beijing Soon

The way that the US government justice system responds to a wealthy Jewish sex criminal is going to be a national tragedy and source of great shame and humiliation for every one of us.

Epstein's Elite Wall Street Ties Revealed In Filing

“The relationship between the slack in the economy or unemployment and inflation was a strong one fifty years ago ... and has gone away” ------------------- Yeah, because in the 1960s we actually had a middle class.

Fed's Powell says policy has not been as accommodative as we thought

Speech is about the future of bank stress tests. Only thing that might be relevant is the Q&A session.

Powell: Welcoming Remarks

That's a huge number

June’s National Starts Trend Increased

BREAKING from WSJ: "China's Xi Jinping to present President Trump with a set of terms for settling the trade fight, including lifting the ban on U.S. sales to Huawei" url

Trade war: US and China agree tentative truce before G20 summit

So...no trade deal, just "hopes of a trade deal in the future." Market is celebrating this "truce", but will truce cause the global economy to start growing again? Probably not - businesses refrain from making capital investments when there is ...

Trade war: US and China agree tentative truce before G20 summit

Drink every time Steve Mnuchin says "we are getting closer to a trade deal."

US Tsy Sec Mnuchin: Hopeful We Can Seal The Deal With China

White House rewards only Fed member who called for rate cuts at the most recent FOMC. What a coincidence.

Trump's White House Approaches Bullard on Fed Governor's Job

Trump will not be re-elected.

U.S. prods Iran for talks to ease Gulf tensions; Tehran dismisses sanctions threat

Trump should ask our wonderful ally Saudi Arabia why 18 out of 19 hijackers on 9/11 were Saudi citizens. Would be interesting to hear the answer to that one.

Trump, Saudi Crown Prince discussed threat posed by Iran

Hmm.... -it drives the cost of real estate through the roof. -it creates massive asset bubbles. -it enables those with access to large pools of cheap capital to acquire more and more assets. -it further perpetuates wealth inequality. -it deprives ...

Brainard: Fed Listens in Cincinnati: How Does Monetary Policy Affect Your Community?

I cannot believe I voted for this man. Never again.

We were cocked & loaded to retaliate last night on 3 different sites, 10 minutes before the...

The US military couldn't defeat a bunch of goat herders in the Kush mountains, nor could they defeat a bunch of poor Asian rice farmers in Vietnam. Yeah, we might be able to lob missiles and destroy a bunch of targets, but when push comes to shove, ...

US Envoy To Iran: Iranian Efforts To Use Surrogates To Attack Saudi Arabia And Destabilize The...

"Subprime is contained" - Ben Bernanke, 2006.

Fed's Clarida: The US Is Close To Its Two Percent Target

They should just write a beautiful letter.

China and US negotiating teams scramble to make a plan for Xi Jinping and Donald Trump’s Osaka...

url

Trump: does not feel his administration is pushing him toward conflict