United States

If you look up the word 'unilateralism', you would see it defined as "the process of acting, reaching a decision, or espousing a principle unilaterally." And we often hear of the US choosing to act using unilateralism or multilateralism on…

I had an epiphany of sorts this morning and I wanted to run the insight by you. Here's what I decided: just maybe the Internet is responsible for a lot of the increasing polarization we see online. Here's how I came to that conclusion.…

The last post I wrote was from a Republican partisan perspective. And it told a story about Trump remaking the party in his image. I will have more to say about that later from a non-partisan view. But, right now, I want to focus on…

This is going to be a post framed from a partisan Republican perspective. The nomination fight over Supreme Court Associate Justice made the Republican Party close ranks to rally around their embattled nominee. In the end, Donald Trump came…

Increasingly, prognosticators are talking about a recession in the United States by 2020. But not everyone is onboard with those predictions. Moreover, arguments vary both in terms of why a recession would take hold and in what the likely…

The Atlanta Fed's GDPNow tacker is already showing some pretty robust numbers for Q3 GDP growth.

I think we need to follow this issue. It is a perfect intersection of energy security, foreign policy and financial issues that are very important for Europe and the US.

I was out when the US jobs numbers came out on Friday. But they were good. And strangely, that's particularly because the unemployment rate increased.

Right now, we are still very much in the bull market phase. So the number of macro theses which make money are limited. US curve flattening and the prospect of Fed overtightening presents the best risk/reward.

This post was first published on Patreon on 22 Jun 2018 I was just having an email exchange with Marshall Auerback and a hedge fund friend of ours about immigration. And I thought I would share some of my thoughts on this given what's…