Postcards: How Fast Will Life Come At Us?

We're looking at a massive deficit this year... and the economy's still slowing at a troubling rate. Let's dive into the data to make sense of the road ahead.

Dear Fellow Expat:

We’re in a fun media environment.

A week after getting caught lying about the President’s cognitive abilities for months… everyone in the media… and I MEAN EVERYONE IN THE MEDIA… is now suddenly an expert on Presidential Immunity; Federalist Papers 69, 70, and 78; and Article II of the Constitution.

It’s too much… it’s incredible that everyone is now upset about the amount of power that they’ve given the Presidency since the early 1990s. From the 1993 empowerments to the “Pen and a Phone” celebrations… it’s all just too much.

I really wish this was all a fever dream.

But these people have screamed the sky is falling so many times that they’ll find that their latest pearl-clutching falls on deaf ears.

And why is this is the subject of the day…

What should the media be reporting on but isn’t?

The state of the economy.

Because this will set the tone for the market in Q4 and beyond, and it’s starting to look very problematic once again.

The Fed to the rescue?

The Treasury?

O…