Authored by David Stockman via The Daily Reckoning,
Black swans are supposedly unexpected, stealthy and come of a sudden. But not this one — it is bright orange, and in your face day and night.
I refer to the Donald, of course, and the fact that he is truly the Great Disrupter.
Submitted by MN Gordon via EconomicPrism.com,
Stimulus, in a general sense, is something that causes an action or response. A ringing alarm clock may prompt someone to exit their slumber. Or a fist to the gut may force someone to gasp for breath.
Stimulus can come in many forms and varieties. It can come in the form of a stick; do this and you won’t get whacked over the head. So, too, it can come in the form of a carrot; do that and you’ll get a reward.