What you're not hearing about the Fed's new $2.3 trillion lending program
This isn't 2008: this time, the Fed is putting foam on the runway before the plane crashes.
This isn't 2008: this time, the Fed is putting foam on the runway before the plane crashes.
A model assembled by Trend Macrolytics — using six measures of macroeconomic and personal financial wellbeing to predict every winner in presidential elections dating back to 1952 — still predicts a Trump victory by a wide margin.
Donald Luskin, the firm’s chief investment officer, notes the model has only incorporated two variables that updated recently, oil prices and payrolls, and those “have basically been a push.”