Studying for yet another calculus test, goddamn rotating parametric equations about the x-axis and all.
Here's some news:
New Deal Demoncrat - industrial production shows March was the bottom.
Bespoke - post-Brexit record breadth. That means buy.
WSJ RTE - student debt helps the economy. Because it's investment in future productivity. Now just think how much smarter that investment would be if it were financed with 1.6% UST10s instead of fucking 5% student loans.
Gavekal - morons. Apparently the people working at Gavekal are idiotic morons and you should ignore them from now on:
And all that fits nicely with central government spending as a percent of GDP having exploded to 27%, which is fully 4 percentage points higher than a year ago and well into all-time high territory.Except, Bryce Coward you fucking tool, government spending as % of GDP increases as a country develops. But I guess they don't teach this in business school, do they? Tell you what: you're supposedly a CFA, so how's about you shut the fuck up about developing markets and stay with bean-counting, you useless sack of shit? Hm?
New Yorker - here's the guy you can blame for Donald Trump becoming president. And here's what passes for contrition nowadays:
He went on, “I genuinely believe that if Trump wins and gets the nuclear codes there is an excellent possibility it will lead to the end of civilization.”Typical liberal media type: a traitor to his own children's future, for just a few bucks.