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Monthly Archives: May 2023
Debt Ceiling – Are We James Dean or Are We the “Other Guy?”
In the “Rebel Without a Cause” game of chicken, James Dean jumps. The other guy’s jacket catches in the door and he plunges to his death (video below). I think too many people are assuming we are James Dean… A … Continue reading
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Who Do You Believe? Either 68% Recession Probability (Yield Curve) Or Near-Zero (Real Economy)
When you have indicators point every which way like this, the “right” answer is… Don’t put too much weight on any one indicator. Something is clearly off normal trend. Guess from the present situation. Don’t rely on past examples. But … Continue reading
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I’m Worried About A US Debt Ceiling Crisis. Can McCarthy Really Deliver The Compromise “Everyone” Expects?
The current consensus on the Debt Ceiling stand-off seems to be “There will be a lot of noise and drama and then they will pass a compromise and we move on. Just like has happened in the past.” I see … Continue reading
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