Oops. I forgot about that. You have a point. I guess I'm old enough to remember Clinton, who clearly brought disrespect to the office, and yet I think he is nevertheless regarded with respect as an elder statesman. I might be wrong, what do I know. ...

Trump: Jerome “Too Late” Powell has done it again!!! He is too late, too angry, too stupid, &...

Let me tell you a secret. You don't have to be some wet liberal to despise what Trump does. I kinda totally agree with that plan, by the way. It is very evil. I think that Mr Powell should surprise everyone and say fuck it, let's just do it. The ...

US Employment Cost Index – June 2025

Well what President Trump says and the manner in which he conveys it is not very statesman like. If he acted as if he was remotely civilised perhaps people might respect him a bit more.

Trump: Jerome “Too Late” Powell has done it again!!! He is too late, too angry, too stupid, &...

While being humble is maybe a virtue, on this occasion I think that you are just being too modest for your own good.

Trump: Jerome “Too Late” Powell has done it again!!! He is too late, too angry, too stupid, &...

Powell is too angry? Bit of projectionism going on there I think. In the meantime, learn a couple new words, like "yield curve", and surprise everyone.

Trump: Jerome “Too Late” Powell has done it again!!! He is too late, too angry, too stupid, &...

Perhaps South Park will feature Trump trying to bully other world leaders. Respect ma authorita! Oh, wait.

Trump: Wow! Canada has just announced that it is backing statehood for Palestine. That will...

That's a bit of a weird thing to write.

Trump: Wow! Canada has just announced that it is backing statehood for Palestine. That will...

Aw, that's a bit not quite right. I have always considered the markets to be quite female in many respects.

Trump: Wow! Canada has just announced that it is backing statehood for Palestine. That will...

Or you could just count the number of people commenting that they lose money trading every time Trump speaks. Pages of them. I thought that they were all bots, but now I know.

Trump: Wow! Canada has just announced that it is backing statehood for Palestine. That will...

Well actually, there is a little manufacturer of audio tubes (or valves, depending on where you live in the world) located in Russia owned by an American dude Mike Mathews, called New Sensor Corporation. Since the war with Ukraine supplies have been ...

Trump: I don’t care what India does with Russia. They can take their dead economies down...

Little does Trump realise that hundreds of billions of trade is conducted between Russia and the USA via a tiny little strip of sea called the Baring Straight. Between Alaska and Russia. It happens so quick and in the dead of night that nobody is ...

Trump: I don’t care what India does with Russia. They can take their dead economies down...

Hardly stealth, surely? I look in on a forum to do with all matters hi-fi, audio and associated hardware. Folk in the US are shocked horrified and mortified at the price shocks. And I'm not even sure if many of the tariffs are yet to fully come into ...

Trump: Treasury to add $200 billion next month from tariffs

That's in a perfect world, like in theory. In textbooks. Traders are often quite confused as to quite a lot of things. Fund managers have buckets of money pouring in each day and they have to buy stocks. It's their job. They can't be choosy, they ...

Trump: Treasury to add $200 billion next month from tariffs

It is always important to look at the components. Investment is down. Exports are down. Imports are down. That imports and investment are down actually reflect inherent softness. It is sort of a trick that fewer imports actually increase the GDP ...

US Gross Domestic Product, Second Quarter 2025 (Advance Estimate)

I guess it could depend on the data and the context from when it was chosen. Let's take data from the early 1930's and see what happens.

Fed unlikely to cut rates despite pressure

Something to consider is the inflation rate relative to whatever interest rate is considered. I think - correct me if I am wrong - the latest published annual inflation figures for the USA was 2.5%. {Correction - 2.7% - I wrote this before reading ...

Fed unlikely to cut rates despite pressure

Someone cynical may prefer the headline to read " Fed unlikely to cut rates because of pressure to cut"

Fed unlikely to cut rates despite pressure

Yeah, tricky, easy to do. Let's be pedantic for a moment. 3 trillion is 3 with 12 zeros (I googled). 1%, so take off two zeros. 30 with nine zeros. 30 billion. Snap. Hey, that is very roughly a month's tariff revenue. Not huge, but not nothing. ...

US trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get...

Exports could be increasing by 1% a month as US goods are seen as cheaper overseas. Do some monthly compounding if 1% decrease each month for say 3 years. No longer nothing.

US trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get...

While the CPI has increased about 90% since 2000, the price of televisions are down 98.1% during that time? Interesting. Perhaps a more holistic view may have considered a few other things like the massive increase in cheap imports (droll), the ...

What Is Driving US Inflation?