Japan’s Not Really A Domino, Though The Timing Is Right
byBy Jeffrey P. Snider This year is just different. Increasingly so. Not just in one or two places, either, but in way too many places….
September, 2018
China’s Trade Surplus With US Hits Record High as Export Growth Declines
byby Mike Mish Shedlock US trade data with China makes it increasingly likely Trump will increase tariffs on China. Bloomberg reports China Trade Outlook Darkens as…
Laissez-Faire and Little Englanderism: The Rise, Fall, Rise, and Fall of the Manchester School
byBy Gregory Bresiger from THE JOURNAL OF LIBERTARIAN STUDIES Volume 13, Number 1 (1997) War Follows Protection. Peace Follows Free Trade. As David Ricardo said, “If…
Zero Hedge: US Ports Fear Tariffs Could Collapse Ship Traffic And Reduce Jobs
byPresident Donald Trump has repeatedly told the American people his trade war pitch: “Tariffs are the greatest!” Except they are not — and a new…
Interest Rates Need to Tell the Truth
byIn the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up…
On the wealth, and poverty, of nations
by“There’s a great deal of ruin in a nation.” Adam Smith, in correspondence discussing the Battle of Saratoga, which marked a turning point…
Divergent – the breakdown of stock market correlations, temp or perm?
byEmerging market stocks have stabilised, helped by the strength of US equities Rising emerging market bond yields are beginning to attract investor attention…
The Economist’s Original Prospectus From Its Founding
byEditor’s Note: I found this on their website, an interesting piece to read in 2018… …………………………………………………….. And now we beg to submit the…
Fiscal stimulus and economic growth – are they related?
byFor most experts a key factor that policy makers should be watching is the gap between the actual real output and the potential real…