If I were to cede that point to you, POTUS would continue his relentless assault on minorities. I don't fault you from being distracted by his tweeting onslaught. But it is hard for any of us to observe his rallies without seeing the poison. Recently, a friend of my daughter was stared down by an angry fellow wearing a Nazi tattoo. That sort of thing is way more commonplace than you think. Trump's followers do not have to pack in order to scar.

Bass proves China is a currency manipulator. As far as his bet that China will crash hard, it is difficult to trust a hedge fund manager for that analysis. The Chines have money in the bank. We do not as a nation come close.

Carol, we can't even measure how much racism plays into Trump's tariff wars. So, I personally believe there is a connection. If he weren't a racist would he still attempt to tear down China, the nation that bailed us out of the Great Recession?

Short of helicopter money to increase aggregate demand, the Fed can do nothing as this article makes very clear. Of course, the article does not mention helicopter money because the Fed will likely never listen to Friedman on this issue. Moral hazard is what they probably reason. Give money to the banks and not to the lowly masses, must be the reasoning of the Fed.

This is a time for getting out of the market, according to the article. The data shown here appears to confirm this advice. Effective demand limit and many other measures show that the regular guy has not participated in the explosion of wealth at the top. It is lopsided, and that breeds economic danger, even moreso with a trade war ratcheting up.

Massive Eurozone austerity comes from Germany, then. It is amazing that so many Eurozone nations continue to be silent in the face of a really hurtful policy. The Eurozone is a perfect example of a place needing helicopter money.

Apparently his outermost thoughts are destroying Walmart customers in El Paso. As far as Wall Street is concerned, it never should have trusted the Tariff Man. His innermost thoughts were formed 40 years ago. Wall Street never figured that out. As far as El Paso, it is a sad day that likely should never have happened. There were racial issues present as the shooter was molded in Collin County, his home county. It is a tragedy that started with words and ideas that we fought a World War to defeat.

Update 9: Trump will put 10 percent tariffs on the remaining 300 billion. #Itoldyouso

It is significant based on Fed history of making it a ceiling.

This article verifies that the Fed fears letting inflation run over 2 percent for too long. 2 percent is a ceiling. The Fed prunes wages this way. If the Fed cuts 25 basis points today, it is because it is confident inflation is under control. If this backfires, and inflation soars above 2 percent, will the Fed revert back to its wage pruning ways?

Unfortunately, through history the Fed has clamped down on wages. Even with a 25 basis point cut, it likely will continue to do so.