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.
There are growing signs that a trade war is possible, and that the multilateral trading system may not be able to prevent it. This column asks what would happen with tariffs around the world if countries were to move from cooperative tariff…