I want to use the news flow to highlight several issues that I am following that should have a major impact on the economy and financial markets in the next year. All of these topics are laden with risks that skew to the downside. And that…
The trade war between the US and China is now in full bloom. And it's likely to escalate. My view here has been that China is more vulnerable in this bust-up than the US. Even so, I don't expect the Chinese to back down. On the contrary,…
1 Big Thing: Escalating trade war In today's daily post, I want to put the US - China trade war front and center and ask whether it matters to growth. The news, of course, is that US President Trump slapped tariffs on $200 billion worth of…
Today's daily focuses on a single theme of the breakdown of globalization.
Some thoughts on China's options as the trade war with the US escalates to an uncomfortable level
Top stories on the persistence of the US economy, the impact of tariffs and the trade war and crisis in Turkey
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
If a US trade war escalation leads to a wave of bankruptcies in China, the Chinese escalate in kind.
The "Trump Unchained" policy tack is gathering steam as Trump lays the groundwork for a post-globalist world.