... mortgages are running at 7.2% ... LEI has been down since Feb and housing showing signs of stress ... but OracleWorld and MoneyShow going back to back, fall is really pleasant in Vegas ...!
Thursday, October 20, 2022
Liz Truss stepping down ...
On her election, some compared her to Margret Thacher, but the flip flopping on policies turned her tenure really short ... bottom-line, good times are over and hard times are in future... around the world... like it or not ... call it flip flopping, but they are not many choices left besides raising interests
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Warsh created a great first impression [on me] ..!
Kudos to him and a great start on the new job .. with the shortest statement possible.. and giving up on providing forward guidance .. direc...
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to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....
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either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...
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his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...
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