Recession: Gone in a Flash

(1) Fed goes from alarmingly hawkish to remarkably dovish. (2) Is the stock market looking at 2020 earnings? (3) Valuation has been on a rollercoaster. (4) Rounding up more suspects for 2018’s year-end crash. (5) Self-induced selloff. (6) Flash crashes create buying opportunities. (7) Perma-bears waiting for Godot. (8) No recession in employment, wages, and M-PMI. (9) Kudlow for Fed governor! (10) Fed moving to the supply side? (11) Powell is flexible and patient after all. (12) Movie review: “They Shall Not Grow Old.” (+ + +).