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Credit Writedowns
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2019
This jobs report is a game-changer regarding monetary policy. Here’s why
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Recession watch, Fed policy, wealth taxes and the 2020 US election
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The Fed’s overtightening and the shift to a fiscal paradigm
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Trump impeachment strategy makes Elizabeth Warren and Democratic sweep possible
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The US economy is doing fine and the jobs picture is good
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Inter-subjectivity, norms, the rule of law and Donald Trump
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The danger that WeWork poses
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WeWork as an intermediary with a duration mismatch
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Policy divergence and the week’s monetary policy decisions
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Watch for a re-emergence of the convergence to zero play
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