Politics

The title of this daily post is a bit dramatic, I know. But that's what I came up with when I thought about some of the themes I intend to write about today. It's on my mind because of the news cycle and what I've been reading. But some…

1 - How little politics matters to the market A couple of weeks ago, I tweeted the following after Michael Cohen pleaded guilty: For those surprised there’s no market reaction to Cohen, why should there be? It has no bearing on earnings,…

I am back after a week away from the site. Politically, it was a pretty eventful week. On the economy and market side, it wasn't as dramatic. But I do have a few thoughts to start the week on what's relevant. 1. Sentiment shift on Mueller…

There are five big topics in today's daily newsletter: the FOMC meeting, Apple's earnings, stock buybacks, student debt, and the political fight between the Koch brothers and Donald Trump

A recent Sky News poll shows a majority of Britons now in favour of a second Brexit referendum.

Trump's actions make German politicians of all stripes more committed to Europe. Mainstream German parties realize they need the EU more than ever.

As long as the EU remains vastly richer than countries in North and central Africa, there will be a flow of migrants to the EU. And Italy and Greece will get the lion's share of those migrants, fuelling anti-immigrant politics. With Eastern…

Why does the German immigration spat matter? It's not just about refugees. It's about German hegemony and European cohesion. This post explains.

Seehofer is and has been threatening to blow up the governing coalition for some time. But will he actually do it? Will blowing up the coalition backfire? No one knows. He certainly doesn't. So he may just be bluffing.

Note: This post first appeared on Patreon on 2 Jul 2018 I saw a Twitter exchange this morning that reminded me that the Fed is facing a political crisis due to its quantitative easing program. And I think this will limit the Fed's…