Something has fundamentally changed.
Macro/Econ
Surprise, surprise – the stimulus is actually stimulating
Amazing how that happens.
promises
Debts are promises. We’re making a lot of promises – implicit and explicit – these days.
We Must Give More Relief To Americans For The Fake Virus I Said Would Disappear On Its Own
Okay, so we have a stimulus (rescue?) bill finally, totaling over 5,000 pages
Inflation expectations now above pre-Pandemic levels
We’re going to be talking as much about inflation next year as we were talking about disinflation in 2015 and deflation in 2016.
Who are you listening to?
Here’s Michael Cembalest at JP Morgan yanking the trophy away from “the Armageddonists”
New Home Sales up a cartoonish 48% year-over-year! LOL
This chart is hilarious.
90% effective
The company said that the analysis found that the vaccine was more than 90 percent effective in preventing the disease among trial volunteers
The GDP chart so extreme it renders all future GDP charts useless
stop already
Welcome to Hell
Lenders are going to busy making adjustments for years to come.