Tag Archives: Politico

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Morning Money – Wall Street set for big drop

Author: , Post Date: February 24, 2020
David R. Kotok

Excerpt from… Morning Money – Wall Street set for big drop By BEN WHITE and AUBREE ELIZA WEAVER – 02/24/2020 Markets set for big fall — Wall Street seems set for another significant drop Monday morning as the number of coronavirus cases outside China surged. The big rise in stocks remains a strong positive for […]

Morning Money – 2020 finally gets real

Author: , Post Date: February 3, 2020
David R. Kotok

Excerpt from… Morning Money – 2020 finally gets real By BEN WHITE and AUBREE ELIZA WEAVER – 02/03/2020 TRADE DEAL CONSPIRACY? — Cumberland’s David Kotok emails MM: “There is enough evidence now disclosed to establish that China covered up the virus event in December and very early January. That is certainly true in the Wuhan […]

Trump’s beloved market rally gets walloped by the coronavirus

Author: , Post Date: January 27, 2020
David R. Kotok

Excerpt from Trump’s beloved market rally gets walloped by the coronavirus By BEN WHITE – 01/27/2020 Chinese consumer spending is likely to take a hit, according to analysts. The Wuhan coronavirus is starting to infect President Donald Trump’s beloved market rally. The president weighed in on the coronavirus Monday just as markets tumbled worldwide, including […]

China crisis update

Author: , Post Date: January 25, 2020
David R. Kotok

Excerpt from Politico’s Morning Money China crisis update By BEN WHITE and AUBREE ELIZA WEAVER – 01/24/2020 China crisis update — Via Reuters: “China stepped up measures to contain a virus which has killed 25 people and infected more than 800, with public transport suspensions in 10 cities, temples shutting, and the rapid construction of […]

White House debates economic stimulus plans

Author: , Post Date: September 12, 2019
David R. Kotok

Excerpt from Politico By BEN WHITE 09/12/2019 MORE FED BASHING — It’s old hat by now. But Trump went hard after the central bank again on Wednesday, calling Chair Jay Powell and his colleagues “Boneheads” for not cutting rates to zero or below. Interest rates, of course, are not the problem with the economy. And […]

Trump: ‘Boneheads’ at the Fed Should Drop Interest Rates to Zero, or Lower

Author: , Post Date: September 11, 2019
David R. Kotok

Excerpt from The Fiscal Times By Michael Rainey 09/11/2019 President Trump blasted the “boneheads” at the Federal Reserve Wednesday for failing to reduce interest rates to zero or below. “The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE […]

Trashing Fed ‘Boneheads,’ Trump calls for central bank to cut interest rates to ‘ZERO’

Author: , Post Date:
David R. Kotok

Excerpt from Politico By QUINT FORGEY 09/11/2019 President Donald Trump on Wednesday called on the Federal Reserve to slash U.S. interest rates “down to ZERO,” admonishing chairman Jerome Powell and other leaders of the U.S. central bank as “Boneheads.” “The Federal Reserve should get our interest rates down to ZERO, or less, and we should […]

Trump revs up his Wayback Machine

Author: , Post Date: June 20, 2019
Cumberland Advisors Robert "Bob" Eisenbeis Ph.D. In The NewsCumberland-Advisors-Robert "Bob" Eisenbeis Ph.D. In-The-News

Excerpt from… Trump revs up his Wayback Machine In a single week, the president leaned heavily into economic theories from as far back as the 18th century. By BEN WHITE (bwhite@politico.com; @morningmoneyben) 06/20/2019 05:15 AM EDT Stanley Fischer, the former Fed vice chair, said at a forum Tuesday that slashing rates right now following pressure […]