FOMC Cut Rates by the Expected Quarter Point, Amidst Ongoing,
Nonsensical Hype of Near-Perfect Economic Conditions

Broad U.S. Economic Activity Has Continued in a Deepening Downtrend,
Amidst Mounting Downside Risks

Major Downside Revisions to Headline Economic Activity
Are Likely In Looming Benchmarkings

Major, Disruptive Economic Risks and Financial-Market Turmoil Are at Hand

More-Aggressive Fed Easing Is Likely at or Before the October 30th FOMC,
Including Expanded Quantitative Easing

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