Larry Summers kept himself in the news Monday with what he surely realized would be
Category: politics
Heat Check
Market participants — those not on vacation, anyway — have busied themselves recently obsessing over
America The Emerging Market
It’s no secret that the last four decades haven’t been especially kind to Main Street.
Ray Dalio Imagines A US-China War
Ray Dalio has a thought experiment for you. When you get a few minutes, and
300 Million Hamsters
Has the Fed regained its credibility as a check on inflation? That’s the question. Answers
In Odesa, Strategic Callousness
On Friday, there was “a beacon on the Black Sea.” So said UN Secretary-General Antonio
Putin Sinks Uniper
Uniper, Olaf Scholz said Friday in Berlin, was experiencing “great difficulty” from Germany’s gas crisis.
To Break A Madman
One problem with trying to craft a coherent sanctions regime against Vladimir Putin’s Russia is
Japan’s Dark Day
The world isn’t getting any safer. Nor its people any less disturbed, apparently. In America,
Asynchronous Wars And The Technology Of Killing
This vulnerability defines a new phase of warfare: The freezing and seizing of assets by
Humans: When Progress Isn’t Progress
I find it useful, refreshing even, to take a step back from time to time.
Goodbye Boris
Boris Johnson agreed to resign as UK Prime Minister Thursday, following a string of departures
Germany Faces Full-On Crisis As Uniper Looks At Bailout
Germany’s worsening energy crunch was back above the fold on Thursday, after Uniper withdrew its
Under The Shadow Of Stagflation
America is experiencing an acute crisis of confidence. As discussed here at some length last
Russia Defaults. Nobody Cares
Three years ago, when Donald Trump sanctioned Ayatollah Khamenei, I described the decision as “about
America Has An Existential Credibility Problem
The Supreme Court overturned Roe v. Wade on Friday, exacerbating a national firestorm and deepening
Germany Faces ‘Lehman Effect’ In Gas Standoff With Putin
Germany’s energy crisis heated up on Thursday, when Economy Minister Robert Habeck raised the country’s
Fed Panic: Why This Is Not A Drill
It’ll be all housing data and Fedspeak in a holiday-shortened US trading week. Anyone who
The Moral High Ground When Everyone’s Immoral
“Saddam Hussein wasn’t an especially good guy.” That’s about all anyone who still defends America’s
Putin’s War Becomes Putin’s Food Crisis
“The problem of exporting grain from Ukraine does not exist,” Vladimir Putin said Friday, during
‘Pure Blackmail’: Russia Escalates Energy War
The energy wars were above the fold again on Wednesday. Not that they ever retreated
Biden Respectfully Reminds You Inflation Is Fed’s Thing
Over the last 48 hours, Joe Biden made it pretty clear who voters should blame
Europe’s Ban On Russian Oil Isn’t ‘Maximum Pressure’
Europe stumbled towards a modified embargo on Russian oil Tuesday, after Brussels agreed to ban
Normal. With Chinese Characteristics
Investor sentiment was a semblance of buoyant to start the new week as China eased
From Markets To Politics, It’s All About China’s ‘Trajectory’
Shares in Hong Kong closed out an otherwise lackluster week on a high note Friday,
A Wild Trip Through Turkey
Turkey kept rates on hold Thursday which, to the uninitiated, probably doesn’t sound like news.
Biden Forgets ‘Words Matter’ On Taiwan
Markets looked poised to stabilize Monday, amid a lack of new downside catalysts. There’s plenty
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