Wednesday, August 16, 2017

Some economic news


Market's wondering whether it's still rolling over, or whether this past week's action was just a 2% freakout on an upward path.

Meanwhile:

Calculated Risk - LA port traffic increased in July. So I guess the economy is doing great, if imports keep increasing.

New Deal Demoncrat - real retail disappoints the doomers. With lots of charts for you, because data is king. Not Twitter.

By the way, Kim Jong-Un should really get himself a twitter feed. He needs to be able to talk to more idiots.

And, on the other hand:

Calculated Risk - Goldman on the debt limit. It'll be interesting to see if the Republicans are still interested in sabotaging the United States, what with their party still in control of Congress, and now also the White House. My bet is on yes, but I'm okay with being surprised.

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