Weve had disappoints galore in pretty much every sector. Its been almost nonstop depressing. Its hard to recall a time when the misses were sao widespread. Earnings fell at abc and a strong dollar played havoc with merchandise sales. Leading to a sharp decline in the stock. It didnt do the number. Even the worst earning seasons have Silver Linings and youre seeing stocks line with silver everywhere. Which is how we could rally so hard today. S th nasdaq we could only run like this when oils going higher and the dollars going lower. Wot stronger oil and a weaker dollar, the rocket guys nowhere. Classic failure to launch. Or when theyre going in the opposite direction were going up in flames. This market is as stupid as uncoated free sheet paper which is even dumber than plywood. It believes when oil is up, the Global Economy has a pulse. More travel in india, more jobs in the u. S. Why do traders reach these conclusions . The oil market is supposedly glutted, way too much supply. Theref
Take one. Arthur my name is Arthur Laffer. I am an economist. I live in nashville, tennessee. And we are here in washington, d. C. At the w hotel. Arthur i was in the omb. I was the chief economist at the omb then. I found my friends up in the omb really boring. So, i always came down and hung out with the oao people. Bill bradley was in that group, and Christine Todd whitman, and jim leach they were interns, as i recall. Arthur yeah, interns. It was just a fun group of people. Don art laffer, dick cheney, and i would have dinner from time to time, or lunch from time to time, or just have meetings in the white house from time to time. Dick in 1974, we came to the Hotel Washington to the two continents restaurant. Thats where we sat down and talked about tax policy. And art drew the laffer curve. Arthur i invited jude wanniski, who was a writer for the wall street journal at the time. He passed on. But he kept all the records of this stuff. And in an article much later, it was called ta
My name is Arthur Laffer. I am an economist. I live in nashville, tennessee. And we are here in washington, d. C. At the w hotel. I was in the omb. I was the chief economist at the omb then. I found my friends up in the omb really boring. So, i always came down and hung out with the oao people. Bill bradley was in that group, and Christine Todd whitman, and jim leach they were interns, as i recall. Yeah, interns. It was just a fun group of people. Art laffer, dick cheney, and i would have dinner from time to time, or lunch from time to time, or just have meetings in the white house from time to time. In 1974, we came to the Hotel Washington to the two continents restaurant. Thats where we sat down and talked about tax policy. And art drew the laffer curve. I invited jude wanniski, who was a writer for the wall street journal at the time. He passed on. But he kept all the records of this stuff. And in an article much later, it was called taxes, revenues, and the laffer curve. He recount
Take one. Arthur my name is Arthur Laffer. I am an economist. I live in nashville, tennessee. And we are here in washington, d. C. At the w hotel. Arthur i was in the omb. I was the chief economist at the omb then. And id found my friends up there in the omb really boring. So, i always came down and hung out with the oao people. Bill bradley was in that group, and Christine Todd whitman, and jim leach they were interns, as i recall. Arthur yeah, interns. It was just a fun group of people. Don art laffer, dick cheney, and i would have dinner from time to time, or lunch from time to time, or just have meetings in the white house from time to time. Dick in 1974, we came to the Hotel Washington to the two continents restaurant. Thats where we sat down and talked about tax policy. And art drew the laffer curve. Arthur i invited jude wanniski, who was a writer for the wall street journal at the time. He passed on. But he kept all the records of this stuff. And in an article much later, it wa
Take one. Arthur my name is Arthur Laffer. I am an economist. I live in nashville, tennessee. And we are here in washington, d. C. At the w hotel. Arthur i was in the omb. I was the chief economist at the omb then. And id found my friends up there in the omb really boring. So, i always came down and hung out with the oao people. Bill bradley was in that group, and Christine Todd whitman, and jim leach they were interns, as i recall. Arthur yeah, interns. It was just a fun group of people. Don art laffer, dick cheney, and i would have dinner from time to time, or lunch from time to time, or just have meetings in the white house from time to time. Dick in 1974, we came to the Hotel Washington to the two continents restaurant. Thats where we sat down and talked about tax policy. And art drew the laffer curve. Arthur i invited jude wanniski, who was a writer for the wall street journal at the time. He passed on. But he kept all the records of this stuff. And in an article much later, it wa