Larry Kudlow is an Idiot; but, at least, He’s Dangerous!
This article by David Haggith was first published on The Great Recession Blog:
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WTI Crude Opens At 2-Week Lows As OPEC Deal Hope Fades
As deal hopes fade (amid Saudi abandoning tomorrow's OPEC/NOPEC meeting and claiming the oil market can rebalance without a freeze/cut in supply), WTI crude has slipped notably below $46 handle and is trading at 2-week lows (down over 8% from Tuesday's highs)...
What does a Trump administration mean for housing? Examining a few key items for the next year.
Black Friday Sales Slump As Retail Tracker Admits Holiday Season "Off To A Slow Start", Blames Warm Weather
Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as Reuters reports that stores offered discounts well beyond the weekend and more customers shopped online.
The National Retail Federation reports that spending per person over Thanksgiving Weekend this year was $289.19, down 3.4% from $299.60 in the same period last year.
'Austrians' At The Fed?
Submitted by Jeff Deist via The Mises Institute,