Friday, February 16, 2018
Some Friday noos
Here's some fun reading for Friday:
New Deal Demoncrat - why I'm piddling my frilly pink panties. Real nonsupervisory wages are rolling over, and when you combine that with the constant increase in consumer credit, that means a credit-constrained consumer is right around the corner, and that means a recession eventually. Thankfully it only means an old-fashioned one.
Calculated Risk - LA port traffic increases yoy in January. Which is good, it means consumption is still happening.
Polemic's Pains - the diary of a messed up market day. It's nice that someone who knows what he's talking about is being caught flat-footed by the market. Oh, and he bought gold miners.
BBC News - Navalny's name shifts snow. Why isn't Zerohedge all over this story of how people are fighting back against a corrupt government by using censorship to force public workers to do their jobs? Maybe it's because Daniel Ivandjiiski is a paid stooge of Vladimir Putin?