Trump Stock Bubble Deflating at Worst Possible Time for GOP Demagogues

Giant Sucking Sound: Fed’s Ill-Advised Quantitative Tightening Now Removing $50 Billion per Month from Pool of Speculative Hot Money, While European Central Bank Stops Easing; Friday Dow Struggled to Attain Dead-Cat Bounce with Help of Plunge Protection Team; Slowdown in Key Sectors Like Auto and Construction Shows That Republican Economy Has Feet of Clay; Zandi [...]