(1) Hillary’s “grossly generalistic” aspersion. (2) Meet the deplorables, despicables, miserables, unmentionables, notables, commendables, comfortables, untouchables, and irresponsibles. (3) Census income data are counterfactual. (4) Real personal income and consumption per household both at record highs, confirming solid increase in standard of living. (5) Shopping online keeps setting records. (6) Consumer optimism at cyclical high, countering misery story. (7) The ruling class is deplorably out of touch with the common folk. (8) Trump’s Reaganomics speech: tax cuts, less regulation & tougher trade. No specifics on infrastructure. (9) Is Corporate America really shirking its duty? (10) “Snowden” (+).
End of free preview
Ed's complete analysis, every chart linked, and the archive back to 2009.
Individual investor? Ed's QuickTakes are available for personal use at yardeniquicktakes.com →