Archive for October 15th, 2020

Deeper Analysis

Per Capita U.S. State GDP Rankings in 2018 Sorted by States That Supported Trump in 2016

October 15, 2020

President Trump has not disguised his contempt for states that supported his opponent, Hillary Clinton, in the 2016 presidential election. He has again pretty much written off such blue state stalwarts like California, New York and Illinois this year. This note presents my findings from cross-checking state per capita GDP in the most recently available […] More

New Overnight Developments Abroad - Daily Update

The Cavalry Isn’t Coming… Investors Are on Their Own

October 15, 2020

U.S. Treasury Secretary Mnuchin concedes that a fiscal stimulus deal before the election isn’t going to get done, and there’s little reason to expect the dynamics to shift after November 3rd. Central bankers, whose policies are hitting diminishing returns, have been pleading for more forceful fiscal support. The Dallas Fed President said displaced workers will […] More