The Recession

Clinton is the only candidate in either party who has come forward with serious remedies for a grave downturn in the American economy. This is policy over pizzazz.
While everyone is talking about "change" and connecting with voters on a personal, emotional level, the tune might turn more practical as the middle class' standard of living continues to decline rapidly.
If hard times have already fallen on a majority of Americans, then "recession" doesn't seem to be a very useful term anymore.
Prediction market Intrade is the best forecaster around--business, economic, political, and other. Intrade is predicting now that Hillary will win the democratic nomination.
Former Fed Chair Alan Greenspan appears to have gotten away with a trick, as the housing bubble that bloated up on his watch continues to deflate, dragging the economy towards recession.
The future China's asset bubble is not in the hands of China's authorities, it is in the hands of China's export markets.
It is starting to look like the lucky ones will get coal in their stockings this year and it's probably safer than many popular toys anyway. Coal, like any energy source, is doing well. Malls, department stores and discounters are not.
The Republicans slavish devotion to the mantra of "tax cuts pay for themselves" requires them to move goalposts whenever it suits their political ends.
Instead of waiting to see how the market will correct itself, a state of panic has created commitments to fundamental departures from fundamental purposes, that is, maintain interest rates over containing inflation.
Close