Article
Hold Or Fold? Skipper Warsh & His Hawkish Crew
Hold Or Fold? Skipper Warsh & His Hawkish Crew
Authored by Philip Marey via Rabobank,
Summary
We expect the FOMC to remain on hold in October. However, we are likely to see Hammack, Kashkari and Logan repeat their July dissents in favor of a hike at this meeting.
At the press conference, we expect Warsh to repeat the hawkish form of not providing forward guidance that he presented at Jackson Hole. He may say that the inflation data do not tell him that underlying trends have meaningfully improved, without explicitly stating that a...
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Authored by Andrea Widburg via AmericanThink.com,
When Trump cracked a Dylan Mulvaney joke at the White House Correspondents’ Dinner, he must have known what would ensue.
Dylan Mulvaney burst onto the national scene in 2022 with his "Journey to Girlhood" video series, which culminated in his becoming a full-fledged "trans woman." Democrats assured us Mulvaney was the real thing: a beautiful woman. That's why it's so funny to see them react hysterically to a joke Trump cracked at the White House Correspondents' Dinner comparing CNN's...
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Hochul Targets NYC's Multimillion-Dollar Second Homes In $268 Billion Budget Framework
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New York is taking direct aim at the city’s ultra-wealthy absentee owners. In a major policy shift announced Thursday, Governor Kathy Hochul and state legislative leaders reached a framework agreement on a $268 billion state budget that includes a new annual tax on multimillion-dollar second homes in New York City - a move designed to generate roughly $500 million a year to help close the city’s projected $5.4 billion budget deficit.
The proposal, often called a “pied-à-terre” tax (French for...
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