Last year Fed ramped-up 'not QE' in record amounts. Now this, after a 6% or so blip from all-time highs, in the best economy in the history of the world, after an 11-year Obama/Trump boom. Yada yada yada. Time to bail 'em all out openly again. $JPM
Four Things to Know Tuesday: ▶ Coronavirus cases top 80K worldwide ▶ Pres. Trump wraps up visit to India ▶ Fed's Mester says difficult to assess virus impact as companies warn on sales and profit ▶ Home Depot rises after beating earnings estimates
in explaining rate cuts, Fed Chair Powell cites weak manufacturing and business investment data these are things Trump and Republican lawmakers said the 2017 tax-cut was going to jump-start
I was astonished today that a Trump fed judge nominee couldn't answer my questions re: whether he believed implicit racial bias exists in our criminal justice system, saying that even as a former trial judge, he's unfamiliar with the abundance of empirical evidence on this topic.