On MSNBC’s Morning Joe today, Steven Rattner recounted the explosion of debt that’s taken place under the Trump Administration – an upward trend sure to continue regardless of who takes office in 2021. Late last week, the Treasury Department released final budget numbers for the government’s fiscal year, which ended Sept. 30, and the figures […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts laying out a growing view among investors that a Biden win or even better, a democratic sweep, would yield a stronger economy and stock market than a Trump re-election. Wall Street is usually thought of as generally believing that Republicans are better for the economy than […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing that Trump’s rash decision to halt a stimulus deal threatens to derail the recovery and also underscores what a Biden presidency could do for the economy. With just one intemperate (and inaccurate) tweet string at 2:48pm, President Trump turned an up day for the stock […]
On MSNBC’s Morning Joe today, Steven Rattner debunked Trump’s claims that a ‘V’-shaped recovery is underway. Nor is it “very, very broad based” as claimed by Larry Kudlow. President Trump and his chief economic adviser, Larry Kudlow, took a victory lap in the White House briefing room on Friday, following the news that the economy […]
On MSNBC’s Morning Joe today, Steven Rattner explained the key drivers behind repeated record highs in the stock market; a strong economy is not one of them. While the number of Americans infected by the coronavirus passed 6 million last month, the stock market notched its best August in 34 years. That leaves the closely […]
Trump’s propensity to lie about the economy will be on full display this week. On MSNBC’s Morning Joe today, Steven Rattner reviewed the performance of the economy both before and after the coronavirus hit. As the Republicans take to the virtual stage for their convention this week, expect to hear much bragging about how great […]
On MSNBC’s Morning Joe today, Steven Rattner reviewed the latest employment report, which found a sharp slowdown in hiring that doesn’t portend well for the economy at large. In economics, as in life, beauty can sometimes be in the eye of the beholder. Such is the case with the economy at the moment. President Trump […]
On MSNBC’s Morning Joe today, Steven Rattner explained that while the biggest hit to economic growth may be behind us, the expansion is showing signs of slowing or even plateauing. Two economic releases yesterday shed important new light on the recent performance of the economy and its prospects for the immediate future – and the […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing the vast amounts of money being raised and spent for the upcoming 2020 elections with Democrats recently showing impressive momentum. Money isn’t everything in politics but it’s a useful barometer of the energy and motivation behind parties and candidates. And by that measure, the Democrats […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts documenting the disproportionate toll the corona crisis is taking on certain workers, particularly the less educated, the young and Americans of color. As joblessness continues to pervade our economy, some Americans are faring better than others. In particular, the less educated, the younger workers and people […]
