On MSNBC’s Morning Joe today, Steven Rattner documented December’s dismal jobs report, highlighting the slowdown in jobs growth since June that culminated in a contraction in December. Almost lost amidst last week’s nightmare in Washington was a terrible employment report on Friday – the first loss of jobs since the Covid-related collapse in employment back […]
On MSNBC’s Morning Joe today, Steven Rattner documented the swiftly deteriorating state of the economy and while Trump begrudgingly signed the latest COVID-related stimulus bill late last night, he created an unnecessary lapse in payments for millions of Americans. While President Trump played golf and fulminated about “rigged” elections, millions of Americans were left hanging […]
On MSNBC’s Morning Joe today, Steven Rattner outlined the broad array of rescue programs that will expire at year end if Congress fails to pass additional stimulus. As Congress fiddles, the American economy has been burning. A number of key stimulus measures have already expired prematurely and absent Congressional action, as many as 25 others […]
On MSNBC’s Morning Joe today, Steven Rattner reviewed a suite of indicators that all paint a similar picture: the resurgence of COVID-19 cases and lack of stimulus is taking a renewed toll on the economy. President-elect Joe Biden issued a strong call yesterday for another round of economic stimulus – and the evidence suggests that […]
On MSNBC’s Morning Joe today, Steven Rattner explained the market’s reaction to the election results: while there were some winners and losers, stocks overall embraced the combination of a Biden win and divided government. Last week’s stock market gyrations provide an interesting vignette into the implications of an historic election and – particularly given the […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing how Democrats running for office – whether for the White House or a seat in the Senate – have handily outraised their Republican opponents by stunning amounts heading into the final days of the 2020 elections. New campaign fundraising numbers have just been released, and […]
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 […]
