DC is moving to Brazilia!

Dm to Em-nomics. Em's never had the luxury to split and digest inflation drivers. See inflation hike rates. But what's worse is even Em's would have cut rates when inflation came off. Really not sure what dm's are up to.

Was a couple of things, data was slowing &Dems won back house. Hard to point what exactly drove ?

Just for the bottom 50 percentile.

The man for the hour.

A good point may be the ppi series captures it ?

And core goods seems pretty correlated to fx performance. No more g10 all EM's.

Something like proposition 13 in Ca favors existing home owners vs new home owners. Younger cohort pay way more than older. Just making taxes equal is a first good step.

Is it fair to say that the worst combo is rolling over the financial cycle and business cycle ? And that we are sort of seeing both now ?

Is the data seasonally adjusted? From the tiny history it looks like it's mostly seasonal?

The support is for the person and not policy.

On the data front he is acting like a pod shop hedge fund trader adjusting his views for every data release. Just the timing is going to make Trump an angry man

And New Yorkers too..