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Market Shorts – Powell: Once a Caver, Always a Caver
Source: Macro Tourist "Remember the Powell of last year? You know, the one that tried to convince us that there 'could be no macroeconomic stability without financial stability?' And this Powell was not concerned about financial stability in terms of making sure the...
In the War on Cash, Cash May Be Winning
Source: Payment Source "Banks, retailers and technology companies [and governments] have spent years relentlessly working to replace cash with plastic, digital or mobile alternatives. And cash has hit back hard. In China, which has the most residents paying via mobile...
Market Shorts – Fed Officials Weigh Earlier-Than-Expected End to Bond Portfolio Runoff
Source: Wall Street Journal "Federal Reserve officials are close to deciding they will maintain a larger portfolio of Treasury securities than they'd expected when they began shrinking those holdings two years ago, putting an end to the central bank's portfolio...
Market Shorts – Is Big Tech Merging With Big Brother? Kinda Looks Like It
Is Big Tech Merging With Big Brother? Kinda Looks Like It Source: Wired "Big Brother is an emerging reality in China. Yet in the West, at least, the threat of government surveillance systems being integrated with the existing corporate surveillance capacities of...
Market Shorts – The Fed Will Crash Markets & The Dollar
Source: Williams/Zero Hedge "Economist John Williams warns the Federal Reserve has painted itself into a very tight no-win corner. No matter what the Fed does with rates it's going to be a disaster. Williams explains, 'You had some very heavy selling towards the end...
Market Shorts – The ‘Green New Deal’ is a prescription for poverty
Source: Washington Examiner "At its core, the Green New Deal is a measure aimed at eliminating all fossil fuel and nuclear energy and 'meeting 100 percent of national power demand through renewable sources' within just a 10-year time frame, according to a draft...
Market Shorts: The Real Cure for Economic Insecurity
Source: Editors/Wall Street Journal "'The gig economy is simply the next step in a losing effort to build some economic security in a world where all the benefits are floating to the top 10%.' So declared Democratic Sen. Elizabeth Warren in 2016 amid an explosion of...
Market Shorts: Ray Dalio sees a ‘significant risk’ of US recession in 2020
Source: CNBC "Ray Dalio, founder of the world's biggest hedge fund, warned on Tuesday of a 'significant risk' of a U.S. recession in 2020. 'It's going to be globally a slow up. It's not just the United States; it's Europe; and it's China and Japan' the billionaire...
Market Shorts: Government Shutdown Is Proving Americans Are Not Prepared For A Recession
Source: Zero Hedge "The brutal reality is that most Americans are not prepared for the next economic downturn or recession. The government shutdown is highlighting just how much Americans rely on others as opposed to themselves, and how little they have saved for an...
Market Shorts: Wilbur Ross Says U.S., China ‘Miles and Miles’ From Resolving Trade War
Source: Bloomberg "Commerce Secretary Wilbur Ross downplayed expectations for an end to the U.S.-China trade war when both sides meet in Washington next week, saying the world's two largest economies are a long way from resolving their differences. 'We're miles and...
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