Latest Posts
‘The Air Remains Thick With Caution’: Emerging Markets Stare Down Crises In Brazil, Hong Kong
“We’ll see an HBO special about it ten or 15 years from now”.
Gary Cohn: Congress Needs To Be Ready To Spend $3-5 Trillion ‘At Any Given Moment’ In Crises
“We now have the knowledge that at any given moment in time, our Congress is going to need to spend $3-5 trillion”.
Protests, Tear Gas Return In Hong Kong. China Accuses US Of ‘Endangering World Peace’
Wang also cautioned that anyone who expects Beijing to pay “reparations” for the virus is “daydreaming”.
‘The Stakes Keep Getting Higher’: US-China Cold War Likely To Continue Regardless Of Who’s President
An “increasingly unstable and uncertain” world.
‘Cursed’ Hong Kong Is ‘Half-Way Dead’ Locals Say
“It’s maybe cursed.”
The Only Debate That Matters.
The long version.
Goodbye, Hertz. Don’t Come Back.
“…when you turn off the revenues, it’s a very tough business”.
High Tension, Holiday Drift.
Besides the US reopening story, the only narrative that’s likely to matter going forward is…
$7 Trillion And Signs Of Addiction.
As ever, the whole thing is a bit of a paradox.
‘Why Would Anyone Expect Stocks To Price Rationally?’ The State Of Exception Is Now Permanent
They say it promotes “transparency.” It’s important, they say, for the public to understand “the process.”
Meanwhile, In The UK: Retail Apocalypse, Record Deficit, Negative Rates And A Possible ‘Pound’ing
“We may be in an era where financial markets have become desensitized to big percentages, but…”
Beginning Of ‘The End’ For Hong Kong Sparks Massive Rout In Preview Of Coming Showdown
This is the end, my only friend, the end.
China Abandons GDP Target For 2020 As Virus Reality Sets In
The abandonment of the target speaks volumes about the scope of the damage inflicted by the pathogen.
Ray Dalio And ‘The Empire Life Cycle’
“Just as there is a human life cycle, there is an analogous empire life cycle”.
