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☆ Opinion | Get to Know the Influential Conservative Intellectuals Who Help Explain G.O.P. Extremism
▼ + stars: | 2023-11-04 | by ( Damon Linker | ) www.nytimes.com time to read: +2 min

Some catastrophists take it a step further and suggest that officials might contemplate overthrowing liberal democracy in favor of revolutionary regime change or even imposing a right-wing dictatorship on the country. It includes respected scholars at prestigious universities and influential think tanks. That makes this a crucial time to familiarize ourselves with and begin formulating a response to these ideas. If Mr. Trump manages to win the presidency again in 2024, many of these intellectual catastrophists could be ready and willing to justify deeds that could well bring American liberal democracy to its knees. The essay set the tone of life-or-death struggle (and related imagery) that is common among catastrophists.

Persons: Trump, Michael Anton, Anton’s, Hillary Clinton “, ” Mr, Anton, Rudy Giuliani, Rush Limbaugh Organizations: Claremont, catastrophists, Republican, Claremont Institute, National Security Council Locations: California

☆ Stock Market Today: Dow Falls More Than 400 Points; Bond Yields Hold Around 4.5%
▼ + stars: | 2023-09-26 | by ( ) www.wsj.com time to read: +1 min

Worries about rising bond yields and a strengthening dollar dragged down stocks Monday. Rising yields have hurt stocks recently, stoking concerns that they could slow the economy by increasing borrowing costs for businesses and consumers. All three major indexes were down more than 1%, with the blue-chip Dow shedding nearly 400 points. The 10-year Treasury yield settled at 4.558%, its highest level since Oct. 16, 2007. The WSJ Dollar Index edged up, extending recent gains that have brought it to its highest level since last November.

Persons: ”, Michael Antonelli, Baird, Brent Organizations: Treasury, Moody's, Amazon, Federal Trade Commission Locations: U.S, Europe

On the heels of Tuesday's lower-than-expected inflation reading, the Federal Reserve is expected to tap the brakes Wednesday on its aggressive rate-raising plan designed to cool price growth in the U.S. economy. In addition to the slower price growth, layoff announcements are mounting. Notably, demand for bonds has increased, reflecting growing interest in more stable returns that are often correlated with slower economic growth. Out with inflation worries, in with recession fearsKey stock market gauges, meanwhile, continue to decline on concerns about flagging corporate earnings. If it was still worried about inflation, then interest rates, energy and banks would all be higher.

☆ Analysis: Political gridlock may help U.S. stocks but inflation still in driver's seat
▼ + stars: | 2022-11-17 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

A split government "makes major policy changes unlikely, and that stability in policy tends to be reassuring for investors." Still, macroeconomic concerns and monetary policy have driven markets all year, and investors believe that trend is unlikely to change anytime soon. "Inflation matters more than anything else right now," said Michael Antonelli, managing director and market strategist at Baird. In the last five instances when the November-December period occurred in a bear market, the S&P 500 logged an average two-month decline of 2.2%. If you look at bear markets there is no evidence of seasonality at the end of the year," Antonelli said.

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