Ok, so it’s Sunday which, as we’re fond of reminding you, means that tomorrow will be Monday – right up until Trump does something that takes the whole of idea of there being a “tomorrow” off the table…
Day: June 25, 2017
A Brief History Of The Next 30 Years
“Capitalism is exiting the historical scene. However, before it disappears, capitalism will continue to inhabit the world of undead.”
Reality Check: Rolling Back Globalization Is A Really Stupid Idea
“But rolling back globalisation would be as foolhardy as rolling back technological change.”
“Comey Wore A Black Tie To Trump’s Circus”
“Yet Trump, who denies everything, has managed to create a fictional narrative that not only justifies his dangling bluff but also gilds it as a moral victory: He tweeted about tapes to make sure “leaker†Comey would be honest when he testified.”
BIS: “The End Will Resemble A Financial Boom Gone Wrong – With A Vengeance”
If those deep forces have not yet fully run their course, the end of the current expansion may be different. That end may come to resemble more closely a financial boom gone wrong, just as the latest recession showed, with a vengeance.”
Fate Of Trump’s Travel Ban Hangs In The Balance: 6 SCOTUS Options
The buck stops here…
It’s The Politics Stupid! BIS Flags A “Scary” Change In The Market’s Mindset
“Underlying a number of these changes was a shift of market participants’ attention away from monetary policy and towards political events.”
When Doves Cry: Kocherlakota Is Worried That The Fed Has Abandoned You
Allison Nathan: Narayana, if inflation fails to accelerate from here, is there anything that would convince you that the Fed should get more hawkish?
Narayana Kocherlakota: No.
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