Is GDP “Rigged”?
“Advance” estimates ahead of presidential elections tend to be revised sharply lower.
US GDP - 2016-10-27
Let’s Talk About Something Other than the Election
Sure. How about: if the election doesn’t cause a recession, will there still be one in 2017?
Favorite Things - 2016-10-26
Compilation of most recent - 2021-12-13
Federal Reserve - 2016-10-25
The yawning gap between free trade principle and practice
What do financial markets think of the 2016 election?
Elections Have Consequences
Maybe not “rigged,” but brutal and corrupt. It will erode confidence and create instability.
Is Deutsche Bank the next Lehman moment?
"Whatever happens with Deutsche Bank, this is not — I repeat, not — a Lehman moment," says Don Luskin, chief investment officer at investment firm TrendMacro. "We are not looking at globally interconnected fragility like we were in 2008. And if anything goes wrong at all, after the 2008 experience, the central banks of the world know precisely what to do to put the fire out."
"When push comes to shove, Merkel will bail out Deutsche Bank," says Luskin of TrendMacro.