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The Weekly Quill — Where Have You Gone, NBER?
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#federalreserve #powell #dimartinobooth #economy
Danielle DiMartino Booth
153.7K posts
Danielle DiMartino Booth
@DiMartinoBooth
CEO & Chief Strategist, QI Research LLC, Fmr Federal Reserve insider, Economist #FedUp amzn.to/2ifi2fF, dimartinobooth.substack.com
- Janet Yellen is a delusional national embarrassment.
- "Companies in the business of repossessing autos are among the first to know when economic trouble is brewing. And now those companies are buying car lots to handle the flood of repossessed, used cars coming to the market…"
- "The Fed’s Main Street problem: Worries rise that money won’t go where it’s most needed"
- I'm sure many of you have seen this. If you have NOT, please listen to this. @chamath if you so see this, please do know that you're a true patriot who loves our country & hard working Americans. You defend the basic tenets of capitalism including free markets. You're my HERO.The U.S. shouldn’t bail out billionaires and hedge funds during the coronavirus pandemic, Social Capital CEO Chamath Palihapitiya says. “Who cares? Let them get wiped out.” cnb.cx/2Rpmjkh
00:00 - Whatever you do, don’t lose your job. I do not say this with even a scintilla of sarcasm.Continuing claims ‘continues’ its slow climb towards 2 million #MacroEdge
- SIGNIFICANT balance sheet reduction. Fed officials do NOT use words like that lightly.
- MY FIRST LONG TWEET. Before ANY of more misinformation spreads on what I sometimes call “this damn platform, which capitalizes on sensationalism and misinformation,” this is why the Fed’s balance sheet grew last week by $298B. The Discount Window at the Fed is OPEN. Discount
- 1,000 meatballs cooked. Let the Buon Natale festivities commence! It’s happening. Tomorrow night.
- TRUMP HALTS U.S. FUNDING OF WORLD HEALTH ORGANIZATION
- “Over time, the three biggest factors that tend to drive the U.S. economy into a recession are an inverted yield curve, some kind of commodity price shock or Fed tightening,”
- Buffett “There was a period right before the Fed acted, we were starting to get calls. They weren’t attractive calls...after Fed acted, a number of (firms) were able to get money in the public market frankly at terms we wouldn’t have given” Fed is killing capitalism. #Winning
- Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers. Back office, middle office and operations are likely to be most at risk. @business
