@RayDalio says "After spending time in Washington, D.C., discussing the budget deficit with senior people on both sides of the aisle, it’s clear to me that we are unlikely to change the debt trajectory we’re on and avoid the painful consequences," https://t.co/30vJVYOApO
Veteran strategist says “The Fed, of course, is on the sidelines like a deer in the headlights, because it wants to make sure that this is going to be sustained. By the time they cut rates again, it’ll be too late to save the economy. . . ." https://t.co/tQDZVojGs6
That's about right Jamie Dimon. "I think global fiscal deficits are inflationary. I think the remilitarization of the world is inflationary. The restructuring of trade is inflationary . . ." And the #Fed won't cut rates. https://t.co/51mL2id391
The Fed has a tough job and will they do the right thing at the right time? "They tend to wait. They want to wait to make sure that they won't make a mistake, and by the time they do that, usually it is too late. The economy is almost always in recession." https://t.co/WtHhpWqAvW
Unfortunately, this sounds very probable, a once in a lifetime reordering . . . 'Investor who predicted the 2008 financial crisis says he's 'worried about something worse than a recession' https://t.co/wlb0YPaMRI
Wow . . . Uncertainty abounds! Bond market sell-off 'severe' as long-term yields notch biggest week since 1982
Source: Yahoo Finance
https://t.co/4M3NuoEnmS
Shared via the Google App
"My impression is that it will end badly, not just because current valuations assume favorable developments, but because they require outcomes that are at odds with history, economics, & financial arithmetic," is this the 'Third Great Speculative Bubble' https://t.co/UMn7KDzM15
@RobSandIA I agree with Rob, leaving the public school system behind for school choice may seem like the right thing to do for our children, but what about all those left behind in failing public schools. There will be bad public consequences for the accelerating decline of public schools!
A near term stock market crash is more likely than not. . . . when will flashing indicators, trends, precedent and economic realities matter? https://t.co/25jc7Nd3yW
The Treasury Department announced that the US Government has spent more than $1 trillion this year on interest payments for the $35.3 trillion national debt! This is the first time interest payments have crossed over this benchmark figure . . . Politicians don't seem worried!
Toyota revealed a new version of its popular SUV, the Fortuner, at the Gaikindo Indonesia International Auto Show (GIIAS) 2023. This prototype SUV, named the Toyota Fortuner Flexy Fuel, operates using bioethanol, which is made from organic materials. Unlike regular ICE-powered.