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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries
Author Archives: Danielle Park
Fed sits tight as economic hits keep coming
Yesterday, the US Federal Reserve held its policy rate steady at 4.25%–4.50%, as Chair Jerome Powell admitted he doesn’t know whether rising inflation or surging unemployment will hit hardest. In the meantime, indebted businesses and consumers feel the pressure of … Continue reading
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Trade-war pain spreading
China’s economy showed signs of damage from the trade war in April, with a drop in export orders and the weakest production at the country’s factories in more than a year. See, Beijing doesn’t want America to see its trade … Continue reading
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Lacy Hunt: Five recessionary forces
Dr. Lacy Hunt, Chief Economist at Hoisington Investment Management, analyzes what he calls an economic “interregnum” where five convergent forces are aligning to depress growth. Dr. Hunt methodically explains how tariffs will ultimately prove deflationary rather than inflationary, why the … Continue reading
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