News

With Europe, when the economy turns down, that’s when the acrimony will be greatest. And that’s when I would worry about really bad outcomes.

Given what I know about the Fed's reaction function, I believe pre-conditions favor Fed tightening irrespective of the slope of the yield curve.

As Wednesday begins, the question has to be: is the slowdown temporary or is it going to be more pronounced? And if it is pronounced, what do central banks do?

I have a lot of links on the Trump investigation. The key factor: while the Cohen warrant is Stormy Daniels related, it opens the whole Trump Organization to discovery.

Links on 'The Art of the Deal', Flint, Michigan, subprime auto, Facebook and more

Links on journalism, trade policy, subprime auto, Amazon, the Fed and much more

Links on trade, Eastern European democracy, when cops become robbers, the coming hurricane season and much more

Links on trade, Trump, the UK economy, ECB trightening and much more

Links on Apple, Amazon, the Postal Service, Puerto Rico and more.

Links on Facebook, trade, wages and more.