Short term growth prospects are “baked in”, from the Walker/Vos/Fitzgeral regime. Interestingly, we have mixed signals from economic indicators (and no signal from some that are delayed — thanks, Trump!).

From NYT, “Foxconn Is Reconsidering Plan for Wisconsin Factory“:

Foxconn, the giant Taiwan-based company that announced plans for a $10 billion display-making factory in Wisconsin, now says it is rethinking the project’s focus because of “new realities” in the global marketplace.

Today, we are pleased to present a guest post written by Charles Engel, Professor of Economics at the University of Wisconsin, Madison.

Below are the peer-reviewed journal articles authored or co-authored by Stephen Moore, CNN “economic expert”:

This list might be incomplete.

I’m talking Stephen Moore. From CNN Business (1/24):

In the likely event that Mexico does not provide the funds to build “a beautiful big wall” on our southern border, will Mr. Trump declare a national emergency and redirect funds? Mr. Trump has mentioned diverting monies from Puerto Rico recovery.

Today, we are fortunate to present a guest contribution written by Ashoka Mody, Charles and Marie Visiting Professor in International Economic Policy, Woodrow Wilson School, Princeton University. Previously, he was Deputy Director in the International Monetary Fund’s Research and European Departments.

The combination of yield curve inversion and high uncertainty is the exception, rather than the rule.

Laurent Ferrara asks what’s the probability of a US recession in 12 months if one augments an utterly standard 10yr-3mo term structure model with US economic policy uncertainty (EPU) as measured by Baker, Bloom and Davis…

Seldom do we see such market moving data.