COVID-19 is a 2020 story and not so much one for 2021. Pretty much everyone, however, will be seeking to make it that way. To begin this week a stark reminder of that promise: vaccine-phoria. While that unleashed a curiously narrow risk and reflation frenzy, the fact that it wasn’t more widespread speaks to this disparity.A vaccine doesn’t really change [...]
———WHERE——— AlhambraTube: https://bit.ly/2Xp3roy Apple: https://apple.co/3czMcWN iHeart: https://ihr.fm/31jq7cI Castro: https://bit.ly/30DMYza TuneIn: http://tun.in/pjT2Z Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski. Artwork by David Parkins. ———WHY——— 34.1 China's New 5-Year Plan: Globalization is DeadDoes Xi Jinping, General Secretary of the Chinese Communist Party, have a BETTER understanding of the global [...]
The number illusion is a logical fallacy of sorts, an appeal to the authority of what looks like objectivity. You can’t argue with math. While that’s true, in social sciences there is the continued absence of real proofs which dominate the hard sciences. Newtonian physics works as a worldview because the numbers throughout history have always checked out.When an Economist [...]
The primary reason for that first rate hike in a decade in December 2015 was ferbus figuring that full employment had probably been reached, certainly close to where the unemployment rate had fallen at that time. The Fed’s main econometric model calculated this key economic level at between 4.8% and 5.0% unemployment; the actual rate for that month hit five [...]
The payroll report for the month of October 2020 was a very good one. This shouldn’t be surprising, perfect BLS publications appear with regularity even during the most challenging of circumstances. Headlines and underneath, everything looked fine last month. It wasn’t perfect, however, and it’s the same things that leave it short of perfection which are entirely too familiar for [...]
———WHERE——— AlhambraTube: https://bit.ly/2Xp3roy Apple: https://apple.co/3czMcWN iHeart: https://ihr.fm/31jq7cI Castro: https://bit.ly/30DMYza TuneIn: http://tun.in/pjT2Z Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, redrum redrum REDRUM! Artwork by the modern day Gustave Doré, David Parkins. Podcast intro/outro is "Fugent" by Lupus Nocte at Epidemic Sound. ———WHY——— 33.3 Zombie (Economy) Apocalypse due to [...]
An “unexpectedly” cool summer that will certainly turn up the heat as the global economy’s winter stubbornly refuses to thaw. We keep getting more and more indications that the economy’s rebound from the depths of April/May slowed way down in and around June/July. That lowered trajectory, while still upward, isn’t nearly enough and it appears to continue all the way [...]
There are times when regulators are the adults in the room, spanking the banking system full of little petulant children who absolutely do require some disciplining. Take away their prop trading abilities or change the weighted calculation for some asset class or other. Maybe even some liquidity rules. The banks will stomp their feet and pitch a fit, but the [...]
While we wait for the electoral count to be sorted out by what we hope are competent and honest people (not holding our breath), there’s a greater muddle growing where it actually counts and where it’s never fully nor properly accounted. By a large and growing number of accounts, the US economy’s rebound seems to have stalled out back around [...]
———WHERE——— AlhambraTube: https://bit.ly/2Xp3roy Apple: https://apple.co/3czMcWN iHeart: https://ihr.fm/31jq7cI Castro: https://bit.ly/30DMYza TuneIn: http://tun.in/pjT2Z Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, redrum redrum REDRUM! Artwork by the modern day Gustave Doré, David Parkins. Podcast intro/outro is "Fugent" by Lupus Nocte at Epidemic Sound. ———WHY——— 33.2 Can the Market Absorb any [...]
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