What we are reading: CNN: DOJ preparing to announce end of Mueller probe as soon as next week – The Hill. Intimidation, Pressure and Humiliation: Inside Trump’s Two-Year War on the Investigations Encircling Him – New York Times. It is still obstruction, even if it is public. Stock market’s post-Fed-minute dip fails to hold, as central bank seen split on policy strategy – Marketwatch. Split on rate hikes but near unanimous to stop reducing balance sheet. How High-Speed Rail Got Caught Between Newsom and Trump – New York Times. 16 states sue to stop Trump from using Emergency Powers to build wall – Alltop. Gold steady near 10-month high; palladium hits record level – Reuters. Canary in the gold mine? Elections Commission Chief Uses the “Nuclear Option” to Rescue the Agency From Gridlock – Mother Jones. The agency’s chair says she won’t allow its lawyers to defend it when it’s sued. Wait, we have an elections commission? What to Watch for During the Catholic Church’s Sex-Abuse Meeting – The Atlantic.
What we are reading: Walmart beats as online sales surge – Business Insider. Online sales were strong. Does the Walton family earn more in a minute than Walmart workers do in a year? – Washington Post. True. Bernie Sanders to seek U.S. presidency again in 2020 – Reuters. Larry David for VP. House Dems to probe White House’s nuclear power efforts in Saudi Arabia – Axios. Deutsche Bank Reverses Pledge to Help Distressed Homeowners – Bloomberg. Dereg fever. Otherwise Rational People Still Betting Their Real Money On Steve Mnuchin Being Able To Reach A Trade Agreement With China – Dealbreaker. Believe it when it’s done. Space Force launch zooms closer to reality under President Trump’s directive – USA Today. Because if we have a Space Force, everything else will just fall into place. Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes – Reuters. Rates on hold, tightening continues. Why Can’t Trump Build Anything? – New York Times. Infrastructure is dead.
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/MARK_HAMRICK-02-01-2019.mp3Podcast: Play in new window | Download (Duration: 20:02 — 18.3MB)Subscribe: Apple Podcasts | Android | RSSA conversation with Mark Hamrick, Senior Financial Analyst with BankRate.com.
http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/JOHN_CHAMBERS-12-28-2018.mp3Podcast: Play in new window | Download (Duration: 19:50 — 18.2MB)Subscribe: Apple Podcasts | Android | RSSA conversation with John Chambers, former CEO of Cisco Systems and author of “Connecting the Dots: Lessons for Leadership in a Startup World”.
Jan. 23, 2019 —- THE SENATE WILL VOTE ON COMPETING BILLS TO END THE SHUTDOWN. BOTH ARE LIKELY TO FAIL – Vice. No end in sight. ‘Uncertainty is not good for anyone’: America’s biggest companies are starting to reveal the impact of the government shutdown – Business Insider. As the shutdown continues, its ill effects mount – The Economist. Day 33 Trump tells Pelosi he will still give State of the Union, setting up possible showdown – CNBC. They are standing up for an important principle, and as soon as we figure out what it is, you will be the first to know. Political drama is putting a lid on the stock market, Goldman analysts say – Marketwatch. Bump, slump. Panic is on the agenda at Davos – but it’s too little too late – The Guardian. We should hire someone to clean that up. Opposition Leader Declares Himself Venezuela’s President in Direct Challenge to Maduro – New York Times. Let’s Be Real About China Trade Talks – Bloomberg. The reality is no deal, and March is fast approaching. Microsoft’s web browser now warns users about untrustworthy news. Here’s how your favorite publications stack up. – Business Insider. Government debt hits record $66 trillion, 80% of global GDP, Fitch says – CNBC. A billion here, a billion there; pretty soon you’re talking about real money.
Jan 22, 2019 A Weakening Global Expansion Amid Growing Risks – IMF Blog. The global expansion is weakening and at a rate that is somewhat faster than expected. Record Numbers of Americans Say They Care About Global Warming, Poll Finds – New York Times. A spike in believers. For 20 Years, US Carbon Emissions Have Been Dropping. Last Year, They Spiked. – Mother Jones. Coincidence? ‘Compromise’ to End Shutdown Draws Protests Over Asylum Restrictions – New York Times. Don’t hold your breath for a fast fix. Supreme Court Doesn’t Act on Trump’s Appeal in ‘Dreamers’ Case – Court takes away negotiating tool. Here’s what really worries investors about China’s slowdown – A slowing down in China is not a collapse. The shutdown’s effect on the US economy, explained – Vox. The longer it lasts, the worse it gets. Los Angeles teachers’ union, school district reaches deal to end strike – Reuters Opposition leader pushes for parliament vote on new Brexit referendum – Reuters. Corbyn tries to grab control of Brexit. Careful what you wish for. The unusually large drop in home sales has real estate agents baffled – CNBC. Prices drop in the West. Can you catch a falling knife? MLK Offers a Lesson on Why We Should Be Worried About Amazon and the FBI – Rolling Stone. Unthinkable: 50 Moments That Define an Improbable Presidency – The Atlantic. The greatest hits and misses of the past 2 years.