Succinct Summation for the Week 2.14.20 | Metals Mine

  • Succinct Summation for the Week 2.14.20

    From ritholtz.com

    Succinct Summations for the week ending February 14th, 2020 Positives: 1. Corona virus could have been much much worse; its not fully contained, but it seems to be getting managed; 2. CPI rose 0.1% m/o/m, meeting expectations. 3. Jobless claims rose 2k w/o/w from 203k to 205k, below expectations. 4. Home refinance apps rose 5.0% w/o/w, rising 2nd straight week. 5. Retail sales rose 0.3% m/o/m, above previous increase; 6. Business inventories rose 0.1% m/o/m. Negatives: 1. As POTUS unleashed, America looks increasingly like a Banana Republic; Possible danger to U.S. Justice Department and other institutions? 2. Home ... (full story)

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RossEdwards
Feb 15, 2020 1:59pm — Edited
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Bias?
Well despite that fact that this is an American owned and run website, its traffic reach is truly global.
I would bet that the majority of visitors here wouldn't regard that description as biased. But fair comment.
You perhaps under access the considerable bad feeling, mistrust and loss of confidence in this Administration as a global leader, that has marked the last 3 years.. not unnaturally since that Administration even domestically in US, is proving highly divisive. I note you are trading from Australia.. where public confidence levels in POTUS are relatively high but still only about 30-35%. Lowy Institute research showed that in the last decade.. faith in the US to act responsibly has fallen from 83% to 55%, while only 30% of Australians have confidence in Trump’s foreign policy.
Below find Pews most recent insights and international research on global confidence levels..
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-02-15 -Trump Ratings Low Around the World.png Size: 83 KB
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NathanAhern
Feb 15, 2020 12:02am
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"Negatives:

1. As POTUS unleashed, America looks increasingly like a Banana Republic; Possible danger to U.S. Justice Department and other institutions?"

Careful the bias is showing.
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