Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Tuesday, August 25, 2020

Headlines


Meadows: Trump doesn’t know much about QAnon

House passes bill to put $25 billion into USPS and even see changes amid uproar

Goldman Sachs: Almost a quarter of temporary lay-offs could become permanent

Portland: Rioters bring own guillotine

American envoy joins Taiwan president at military memorial

Trump’s sister says president has ‘no principles’ in secret recordings

Trump raises the possibility of ‘decoupling’ U.S. economy from China

*BBC* fact-checks Biden for Charlottesville ‘very fine people’ hoax

‘Not just a low-wage recession’: White-collar workers feel coronavirus squeeze

Daily coronavirus cases in the U.S. fall below 50,000 for seven straight days after summer surge

Thanks to de Blasio: New York City is being abandoned

Portland rioters threaten people n homes: ‘Come out into streets’

STAND UP FOR AMERICA!

Saturday, May 16, 2020

Headlines


Coronavirus drives health insurers back to Obamacare

Coronavirus updates: Trump says military will distribute vaccine, CVS to offer drive-thru tests

Resentment builds as reopening rules apply to some, but not to others ...

Gretchen Whitmer lashes out at Michigander protesters,: lockdown ‘not optional’

Appeals court green lights emoluments suit against Trump

Dismal jobs report offered a sign that some people may be returning to work

Jobless claims total 36.5 million ...

Mayor Eric Garcetti: L.A. won’t completely reopen without virus ‘cure’

New Jersey may face $10B budget shortfall through FY 2021

Delta to retire Boeing 777’s as pandemic dims outlook for international travel

Judge asks whether Flynn should be held in contempt for perjury ...

Powell warns of a possible sustained recession from pandemic

Thursday, March 19, 2020

Headlines


Pelosi hasTrump over a barrel

Coronavirus live update: Tom Hanks, Rita Wilson released from hospital, Mulvaney self-quartanies

Claim: 86% of people with coronavirus are walking around undetected

Donald Trump: U.S. economy ‘may be’ headed for a recession

Poll: Most Americans don’t trust Trump on coronavirus information

Regulators considering more changes to free up bank liquidity, sources say

18 months of social distancing?

Wuhan epidemic: ACLU sues to release migrants from detention

Senate could push through ‘Phase 3’ coronavirus rescue plan this week

Morgan Stanley now says a global recession in 2020 is now the firm’s ‘base case’

LA releasing inmates ...

Paul Krugman celebrates stock market rout

Monday, March 09, 2020

Cheerleading


You can see it on their smiling faces and hear it in their gleeful statements ... the Left is cheering for a coronavirus catastrophe ... in the hope that Trump will be so damaged politically that he will be toasted in November.

In an insidious way, Trump is in a lose-lose situation .... when he urges calm, he is accused of downplaying the situation. And, if he takes drastic actions such as mass quarantines, he will so damage our economy that he will be also tut-tut shamed.

All that the orangeman can hope for is that warming weather stifles this virus and corrects the stock market swoon. Insofar as the precipitous drop in oil prices which have been equally upsetting to world markets, I suspect that this will be self-correcting ... by how these lower prices should spur economic activity.

The Democrats should be careful with their pompoms lest they be seen as cheerleading for the pandemic, recession and stock market crash/correction. Not a good look for the middle-American voter.

Monday, January 06, 2020

Headlines


NATO suspends Iraq training mission

Trump says US not seeking war or regime change in Iraq, but is still ready to act if ‘necessary’

Iran unveils red flag at mosque warning of severe battle to come ...

Zumwalt: Soleimani demise could end Iran’s long, one-way war with America

Booker raises $6.6 million in fourth quarter

Oil prices surge to highest level since April after US kills Iran’s top commander in airstrike

Poll: Bloomberg pops to third place in Dem race ...

Russian pranksters: Maxine Waters fell for call from ‘Greta Thunberg’

Fed officials saw decreased recession risk in December meeting

Australia fires kill half a billion animals as crisis mounts

Worst flu season in decades ...

Gaetz: The world is witnessing a ‘change in doctrine’


Friday, December 20, 2019

Headlines


New York judge tosses state fraud charges against Manafort

The thing that freaked everyone out about a recession is now moving in the other direction

Dems ordered not to victory dance ...

Nancy Pelosi wears all black on ‘somber day’ of impeachment

Susan Collins will run for re-election in Maine

Uncertainty remains on Wall Street about China-US phase one agreement: ‘More trade truce than deal’

Secret Surveillance court demands answers from FBI for errors, omissions in campaign investigation ...

Schumer admits Trump impeached ‘without the facts coming out’

Pelosi: Unless we impeach Trump, ‘say hello to president-king’

Trump’s economic approval hits highest level in year as Americans remain split on impeachment

French strikers angry about pension reforms, cut power to homes, businesses

Lisa Page on Maddow show: ‘This is not how public servants should be treated’

Thursday, November 14, 2019

Headlines


Trump allies received hundreds of thousand dollars under federal health contract

Disney+ suffers technical errors on launch day

Condoleezza Rice: The call is murky, it is really murky ...

Hillary Clinton: I’m facing ‘enormous pressure’ to enter 2020 race

Schiff warns GOP that outing Trump whistleblower could violate federal ethics rules

Trump says China cheated America on trade, but blames US leaders for letting it happen

150 rockets fired at Israel after IDF assassinates Gaza  terror leader ...

Nikki Haley defends Trump, calling him ‘truthful’

Supreme Court will allow Sandy Hook families’ lawsuit against Remington to move ahead

Update: Google secretly gathers personal health data on millions ...

Recession fears evaporate: small business optimism rises in October

Former Massachusetts Gov. Deval Patrick mulling White House run

Thursday, October 10, 2019

Headlines


Lindsey Graham invites Giuliani to testify in front of Senate Judiciary panel

Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues

Turkey rejects Trump’s threats amid conflicting signals over Syrian offensive ... Erdogan coming to Washington?

More clues Elizabeth Warren lied about being fired for pregnancy

Border apprehensions drop for fourth straight month, CBP chief says

China ‘strongly urges’ US to remove sanctions and stop accusing it of human rights violations

Shock poll: 3 in 10 Republicans support impeachment push ...

Donal Trump announces deal with Turkey to withdraw troops

China rejects Trump’s call to investigate Biden and son

The father of the yield-curve indicator says now is the time to prepare for a recession

China punishes NBA ... Suspends broadcasts ... Will LeBron speak up, or end up sellout?

Democrats in Red States struggling to defend impeachment back home

Wednesday, September 25, 2019

Headlines


‘Seismic change’: Democrat holdouts rush toward impeachment

There’s a theory that retiring boomers cashing out will cause a ‘dark period’ for the stock market

Biden calls for Trump impeachment ...

Elizabeth Warren surges in Democrat primary

Boris Johnson says he will not quit if parliament suspension ruled illegal

‘Billionaires should not exist’: Sanders tries to outdo Warren with tougher wealth tax

Commerce Secretary Wilber Ross falls asleep during Trump’s UN speech

Romney says Trump asking Ukraine to investigate Biden troubling

Trump claims Nobel Peace Prize is rigged against him

Most of the ultra-wealthy see a recession next year and are hunkering down

British Supreme  Court rules Boris Johnson’s Parliament suspension illegal

Consumer confidence fell by more than expected in September


Friday, September 13, 2019

Headlines


Top Bolton aide out at White House

T. Boone Pickens, the ‘Oracle of Oil’ and billionaire philanthropist, dies at 91

Pete Buttigieg proposes national Federal IDs for illegal immigrants

NYT deletes Tweet saying ‘airplanes took aim’ at towers ...

Koch group launches ads defending Silicon Valley against state AG probes

Trump administration prepares ban on flavored e-cigarettes amid outbreak of vaping-related deaths

Trump: Fed should cut rates to zero ‘or less’ ...

More than a dozen children of fallen 9/11 firefighters join FDNY

Hoyer backpedals after contradicting Nadler on impeachment probe

Trump's approval on the economy slides as recession fears grow

Left rising: Biden agenda far more liberal than Hillary ...

Trump: Bolton had to leave after making ‘big mistakes’

Thursday, September 12, 2019

Headlines


Trump and Bolton offer conflicting accounts on his White House exit

Oil falls after Trump says he fired national security advisor John Bolton

Soros praises Trump ...

Dem Rep. Clyburn: ‘Not too sure’ the Bill of Rights would pass today

Poll: Biden, Sanders top Dem field among Latinos

Cramer: Wall Street executives are saying Elizabeth Warren’s 2020 bid has ‘got to be stopped’

Poll: Most now have unfavorable view of Dem party ... Majority say recession likely ...

Mitt Romney: ‘Very unhappy’ with John Bolton’s firing

Number of uninsured Americans rises for first time since Obamacare

Jamie Dimon says JP Morgan is preparing for the risk of zero rates in the US

Poll: Gun control support slipping ...

Federal Judge: Facebook’s view on privacy is ‘so wrong’

Thursday, August 29, 2019

Headlines


Why some lesbians don’t want Pete Buttigieg to be president

A recession in 2020 would hurt Trump, but wouldn’t necessarily sink his re-election

Storm Watch: Dorian growing more organized as it heads for Puerto Rico ...

African migrants protest not being allowed passage through Mexico

Trump denies his Doral resort is infested with bedbugs

Key yield curve inverts to worst level since 2007, 30-year rate under 2%

Pew: 109 countries have become majority nonwhite since 2000 ...

Native American critics hesitant to accept Warren’s apologies

Iranian President says he’ll only meet Trump after U.S. drops sanctions

Amazon appears to be cutting prices at Whole Foods again

Footage from camera outside Epstein’s cell deemed ‘unusable’ ...

Woman gets NFL offer

Wednesday, August 28, 2019

Headlines


Inside Susan Collin’s re-election fight in the age of Trump

Trump says he believes China sincerely wants trade deal: ‘I’m not sure they have a choice’

Big tech plans social scores ... Human era ending?

Michael Moore predicts NFL ‘won’t exist’ by 2050

Poll: Bernie, Warren surge to tie Biden atop Democrat field

Democrats float short-term funding bill to avoid another government shutdown

China’s spies on the offensive ...

Construction underway on replacement NM wall built with DOD funds

Sarah Huckabee Sanders launches new website as she weighs run for Arkansas governor

A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’  drop

Insiders selling stocks as recession worries worsen ...

Miller: Trump ‘looking at all legal options’ to end anchor-baby policy

Friday, August 23, 2019

Headlines


Trump reverses himself on tax cut ideas

Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risk’s recession

Job growth reduced by 501,000

Trump: No more tax cuts. Fear it would shake consumer cojnfidence?

Trump eases student loan forgiveness for disabled veterans

Fed says July rate cut was ‘recalibration’ and not part of a ‘pre-set course’ for more easing

Poll: 69% would hold Trump responsible if recession ...

Paul Ryan to move family from Wisconsin to Washington, DC

Jewish DEMs rage at Trump’s ‘disloyalty’ comments

‘I am the Chosen One,’ Trump proclaims as he defends trade war with China

Japan warns NKorea now has miniaturized nukes; ‘Imminent threat’ ...

Trump looking at ending ‘ridiculous’ anchor baby policy

Wednesday, August 14, 2019

Headlines


Barr says: ‘There will be accountability’ in Epstein case

Wall Street sees even more rate cuts ahead with Morgan Stanley predicting a return to zero

Trump administration weakens protections for endangered species ...

Chinese media: Epstein’s death proves U.S. pampers rich criminals

Flights out of Hong Kong International Airport canceled as anti-government protesters occupy terminal building

Cramer: Hong Kong protests more serious than US-China trade war for global markets

[Epstein] Kept detailed diaries which could haunt powerful friends ...

Another gaffe: Biden claims he was Vice President after Parkland

Scaramucci: Trump’s ‘gone off the rails’

Bank of America raises chances of a recession to 1 in 3 over the next 12 months

USA budget gap widens 27% ...

Trump enacts ban on welfare-dependent legal immigration


Monday, August 12, 2019

Looming Recession?


A recession is the Democrats’ wet dream. They know that an economic swoon would help their chances in the presidential election next year. So what might cause a recession? Certainly the U.S.-China trade war could be a significant factor. In fact, it is clear now that the Chinese now are not going to agree to what day of the week it is until after November, 2020 ... hoping that Trump will be bounced and a squishy Democrat will be then sitting across the negotiating table. Trump clearly knows this and is reducing expectations.

Another possibility is the trade deal with Mexico and Canada ... not as big as China, but still important. Nancy Pelosi is sitting on the USMCA like it is a hard-boiled egg. She will not give Trump a win this close to the next election even if it damages our country. How patriotic!

And, of course, the Fed has a potentially huge roll in how well our economy does. It really screwed the pooch last December when it continued raising interest rates when much of the rest of the developed world had negative rates to stimulate their economies. There then was over a three percentage point differential in rates which strengthen the dollar and hurt exports. Trump’s jawboning has caused Powell to reverse himself and start to lower rates once again ... and to halt quantitative tightening (reducing the money supply). Is the Fed doing too little, too late?

And I am sure that there are other schemes being concocted inside the DNC to shoot our economy in the head ... or at least in the leg. Even though many of the poobahs on Wall Street are liberals, they still like money better ... and there have been times where a falling stock market led the economy down. So if they can nudge the economy down by shorting the stock market, they might just do it. However, they also need to worry about a low-probability whiplash caused by a breakthrough in the trade war. There is a limit to this type of economic manipulation.

We’re all in for an exciting 15-month roller coaster ride. Stay buckled in!

Thursday, June 27, 2019

Headlines


Dems secure testimony from reluctant Mueller

Trump and Xi meet Saturday — if it goes poorly, the global economy could teeter into recession

Poll: Bernie takes lead over Biden in New Hampshire ...

Romney, Ernst request more information on Trump rape

House passes border spending package in win for Pelosi

Fed chief Jerome Powell warns against police bending to ‘short-term political threats’

Economist: US may be in recession ...

Stephanie Grisham chosen as next White House press secretary

Democrats try out their Spanish on TV as they court Latino voters

Hong Kong activists call on G-20 leaders to help ‘liberate’ city

Clint Eastwood to defy Hollywood boycott of Georgia

Chicago restaurant employee spit on Eric Trump

Monday, March 25, 2019

Headlines


Democrats plot ways to force release of Mueller findings

Trump sends top officials to Beijing to continue China trade talks

USA posts record budget deficit ...

Imam suggests Muslims arm themselves after Christchurch

Pompeo says ‘it’s possible’ Trump was sent to save the Jewish people

Special Counsel Mueller has no sealed indictments as Russian probe ends: NBC News

Bond market signaling big recession sign ...

‘Fatal decision’ — Macron deploys armed soldiers against Yellow Vests

U.S.-backed Syrian forces declares victory over Islamic State

Euphoric IPO market might be a troubling sign for stocks

Bloomberg mocks Beto ...

UMASS-Amherst: Conservative student rejected from serving on student gov’t

Sunday, December 09, 2018

Headlines


Trump advisers fear 2020 nightmare: A recession

Trump is reportedly 'glued' to stock market fluctuations, and worried he's causing them

3.9 billion people now using Internet ...

Survivors: Cuba has detained half a million dissidents, still starving prisoners to death

White House chief of staff Kelly expected to leave immediately

A Fed official suggested on Friday delaying the December rate hike, the first to do so

Ocasio-Cortez threatens Trump Jr.: I have subpoena power ...

DNC Chair Tom Perez complains voters are influenced by 'pulpit'

New party leader elected to replace Merkel

Job growth falls short of expectations in November: 155,000 new payrolls versus 198,000 expected

FoxNews Tocker [Carlson] rips Trump ... 'I don't think he's capable' ...

... Trump: Tillerson [was] 'lazy' and 'dumb as a rock'

Friday, November 23, 2018

Headlines


Stalemate on Trump's wall and threat of shutdown

A $9 trillion corporately  debt bomb is 'bubbling' in US economy

[Chief Justice] Roberts criticizes Trump for 'Obama judge' comment ...

Tesla New York factory built wall to hide idle production line

GOP Senators seek quick passage of Mexico-Canada trade deal

Economists see the Trump economy slowing drastically next year before a possible recession in 2020

USA, SKorea to scale back major military exercise ...

Consumer sentiment down ahead of shopping season

House GOP leaders dodge final-hour earmarks fight

Warning to Americans, Canadians: Don't ear Romaine lettuce

TESLA 'Gigafactory 2' mostly empty ... built with $70 million in taxpayer funds ...

Report: Facebook hires top antitrust lawyer to 'go to war' with Trump administration