The Economy, Part 1 -- September 6, 2019

I'm not watching television so it's possible I'm wrong, but it certainly seems a lot of big economic news is not being ...

.... whatever.

Let's just get to it.

Jobs. ADP employment surged in August. And it was across the board. "Recession is right around the corner." Link here.

Cheap money. This is a bigger story than I think most folks realize. I've talked about it numerous times -- if not on the blog, in e-mail to readers. But money is really cheap right now. How cheap is it. Apple issued $7 billion in bonds to buy back $7 billion of its own stock. Years ago my dad perfected the tactic of using cheap money to buy shares in Apple but that's another story for another time. LOL. But back to the "cheap money" story. Link here.

Recession is right around the corner. 

Fed: the case can now be made for each of the following Fed options --

• do nothing
• do something: cut rates a quarter of a percent
• go big: cut rates a full half basis point (half a percent) 
• go rogue: raise rates a quarter of a percent