The Hyundai Affair – Part 2
We follow up last Sunday’s missive with more evidence that Trump’s inept subordinates and policy moves are undermining his agenda.
The Fed and Bill Pulte
Chris Whalen’s revelation that Bill Pulte canceled his scheduled speech to mortgage bankers in Washington triggers this quick note.
The Hyundai Affair
We size up the “blast radius” of the Georgia ICE raid shock to Korean investment in US manufacturing, with more than twenty projects paused.
Kotok Quick Take: A Somber 9/11
My reflections on a somber 9/11 follow as we face tragic current events.
Climate Change – Ignore, Adapt, Mitigate?
The magnitude of climate change impacts and their costs depends on our choices. We look at where things stand.
Extraordinary Events
A quick take from Leen’s Lodge regarding extraordinary events
The Lisa Cook Affair
Imperiling the independence of the Fed has driven up US borrowing costs to the tune of $10 billion a year. We look at CDS data and the allegations.
Celebrating Labor Day with a Guest Commentary
Philippa Dunne and Doug Henwood of TLR Analytics have published an excellent piece on the history of the BLS and the significance of Presidential interference with its statistical role.
The Yield Curve and What It Tells Us
The message in the front end (first two years) of the yield curve is powerful. Take a look.
Markets Discussion Series Part 8 – Labor Markets: Slowdown or Recession?
Deportations and restrictive immigration policy portend economic growth rate declines and maybe a full recession.