Employment will be on the minds of the financial press between now and 2 August when the jobs situation report data is released. Between now and then, two unemployment claims reports will be released and the Board of Governors of the Federal Reserve System would have made their decision on the federal funds rate. The … Continue reading Threat to democracy? How about messaging on the threat to employment
The buy price for a Donald Trump victory this November is $.58, according to political market site, PredictIt. Kamala Harris has a lesser chance of winning, with her buy price at $.44. That price has increased $.02 since around 9:18 am. The price likely jumped as Ms. Harris continued to pick up more endorsements. Another … Continue reading Kamala Harris v Donald Trump: At 11:25 am, what are the betting markets saying?
Donald Trump’s criticism of labor unions last week at the Republican national convention apparently gave unions further license to support the Democrats. That support, due to a decision by President Joe Biden to not pursue his party’s nomination for a second term, has passed directly to Kamala Harris. Today, the AFL-CIO unanimously endorsed Ms. Harris … Continue reading Kamala Harris strengthens her street cred with labor. Gets support of the AFL-CIO.
Plenty of chatter on the business cable news channels and online press about the “Trump Trade.” The first time I heard this term, I was shuttled back to November 2016 when the business media proclaimed a “Trump Effect” on the markets. The media reported back then the market expectations of economic growth resulting from forecasted … Continue reading What is the Trump Trade? At a minimum, pre-mature.
Atlanta will be a hot mess on Thursday as President Joe Biden and former president Donald Trump roll into Atlanta to debate. CNN veterans Jake Tapper and Dana Bash are reportedly moderating the debate. I have little faith that journalists with seven figure compensation packages who likely have never set foot in Atlanta’s poorest neighborhoods … Continue reading Mr. Biden should promise no further use of Executive power …
We are moving deeper into the silly season. If there are still any primaries going on, Super Tuesday just about sucked what little oxygen there was out of the room. That President Joe Biden and former president Donald Trump would end up being the presumptive nominees for their parties was, based on the polling, expected. … Continue reading If the Fed wants to protect its political independence, it should petition to amend the Federal Reserve Act.
Last night’s Super Tuesday primary victories for former U.S. president Donald J. Trump and incumbent president Joseph R. Biden were no surprise. So boring were the returns that I was in bed by 8:30 pm. For us mortals, the electorate, the worn-out questions are, “Which of these candidates best represents me?” and “Which of these … Continue reading Trump or Biden. Who can best obscure the battle on Mount Olympus?
It is 10:09 pm EST and the USD/JPY is trading at 150.4809 and the AUD/USD is at 0.6502. Former U.S. president Donald J. Trump got a victory in the U.S. Supreme Court where the court held that the state of Colorado did not have the authority to remove a federal candidate from their primary election … Continue reading On the eve of Super Tuesday, Trump gets a major U.S. Supreme Court victory …
Google Trends showing an uptick in curiosity about Nikki Haley as the former South Carolina governor along with Donald Trump, Chris Christie, Ron DeSantis, and Vivek Ramaswamy prepare for the Iowa caucuses. Haley during searches conducted on 8 January 2024 came in second to former U.S. president Donald J Trump. Candidates DeSantis, Ramaswamy, and Christie are pulling … Continue reading Interest in Republican Nikki Haley perks up today as the Iowa caucuses draw near.
Lawyers Write the Bets. Bankers Sell the Bets. 