Trump's Belated Tax Proposal: Flimsy, Hence Unlikely to Be Passed by December as Needed
-Trump tax cut proposals 3 days before the end of this budget year will result in revenue losses of US$5.3tn over 10 years. The Senate has passed...
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US: Manufacturing Boom! - Part II
Incoming regional manufacturing surveys, particularly the Philly Fed survey, suggest that the US's manufacturing boom remains in full swing. Two...
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S&P500 Operating EPS Significantly Overstating Improvement in US Corporate Profits
US equities continue to test new highs, despite ongoing geopolitical tensions on the Korean peninsula. Meanwhile, equity mutual funds continue to...
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US: Labour Market JOLTS The Bears
The Bureau of Labour Statistics (BLS) data on job openings and labour market turnover a.k.a. JOLTS provides yet more evidence of a robust US...
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Global: Even More Bullish World Trade Data
The CPB dataset has emerged in recent years as most analysts' preferred measure of world trade. However there is a less heralded, equally reliable...
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