WARREN MOSLER | Modern Monetary Theory

Comments on 8:30 numbers

Retail sales weak today, but exports up over 16% earlier this week, and jobless claims now settling in around 350,000 – far from recession levels.

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Jan 23 late update

Monoline problem addressed, stocks suddenly oversold as that risk fades. Most earning look strong. Guidance may be soft but that’s at least partially a function

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