Federal Reserve/Monetary Policy

Only Two Points Meaningful in Payrolls——Both Look Downward

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ECB Slashes Inflation Forecast——-Implies Massive QE Has Been A Dud

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Perfect Storm Of Worldwide PMI Slippage

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About Those Alleged EM Central Bank “Reserves”——The Nightmare Scenario

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The Age of Voodoo Finance

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Turning Just 2.4% Income Growth Into A Robust Recovery

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Ignore The Headline SAAR——Durable And Capital Goods Still Contracting

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When The FOMC Completely Loses The ‘Inflation’ Argument, More Economic Downside Must Be Admitted

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A Bull With Claws——Right!

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Risk-On Gets Seriously Wounded

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