This post RIP: Fiscal Responsibility appeared first on Daily Reckoning.
The government raises the debt ceiling through 2021… Republicans fully abandon the old fiscal religion… The only surprise about the debt ceiling deal…
The post RIP: Fiscal Responsibility appeared first on Daily Reckoning.
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This post Today’s “Huge” Jobs Report Is a Bad Omen appeared first on Daily Reckoning.
The December unemployment rate shatters all expectations, stocks explode… Why unemployment below 4% is no reason to celebrate… Jerome Powell sends the Dow surging 400 points…
The post Today’s “Huge” Jobs Report Is a Bad Omen appeared first on Daily Reckoning.
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This post The “True” Money Supply Is Plunging appeared first on Daily Reckoning.
The battered bulls sprung from the mat this morning, dukes up and fighting mad. All three major averages rallied hard in early trading. But late morning the bears landed another clout… and the bulls were back on the canvas, taking the count. The Dow Jones ended the day down another 220 points. The S&P lost […]
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