Risk appetite remained subdued at the end of another tenuous week. Russian-backed separatists and the
Category: politics
Danger: Tape Bombs
First, Russian-backed separatists claimed Ukrainian forces fired mortars, heavy machine guns and grenade launchers. Then,
‘Too Complex To Follow’
Traders were “treated” to more conflicting Ukraine headlines on Wednesday, as global equities attempted to
Spin Class
Risk was on the front foot Tuesday, as speculation about the timing of Russian military
‘Without A Single Shot Fired’?
Risk sentiment improved markedly Tuesday on reports that “some” Russian troops and armored vehicles returned
The National Conversation
In the 24 hours following the release of January’s inflation data, I’ve been adamant about the
Joe Biden Needs To Be Honest About The Economy
I have to admit, I’m not enamored with the spin the White House is putting
Ray Dalio: America ‘On Classic Path To Civil War’
Over the past several days, it’s become apparent that Donald Trump thought seriously about seizing
‘Bring Back Volcker’
I doubt seriously that prominent investors actually care about inflation vis-à-vis Fed policy. And why
A Recession To Save Democracy?
“Today’s report… demonstrates that we are making progress in slowing the rate of price increases,”
1 Million. But Who’s Counting?
Headed into 2022, the US was averaging 300,000 new COVID cases per day, more than
The Year Of The Abject: Making Sense of Nonsense
The emergence of 21st century Right-wing populism represents the biggest innovation on that terrain. Right-wingers
This Crisis Requires Genuine Social Change
[Editor’s note: In “The Cost Of Procrastination: America’s Broken Economy,” I compared the haphazard character
Black Sheep In Hong Kong
Meanwhile, in Hong Kong. Stand News, a pro-democracy holdout, became the latest casualty of Xi’s
‘We’re All Going To Get Omicron’
The last week of 2021 dawned with headlines lamenting thousands of holiday flight cancelations in
How A Biden Meme Stole Christmas. And Why It Matters
Not that I expected “better” of anyone, and while acknowledging that social media algos surface
The Politics Of Inflation
Assessing the outlook for inflation is hard enough right now if you’re committed to objectivity
Biden Plays Stealth Stimulus Card With Student Debt Move
The Biden administration snuck some additional fiscal stimulus through the back door on Wednesday. In
Kid Gloves
In all likelihood, more banks will follow Goldman in cutting their outlook for US growth
‘I Just Can’t’: Joe Manchin Kills Build Back Better
“If I can’t go home and explain it to the people of West Virginia, I
A Long Winter
Although the jury is still out on the Omicron variant’s virulence and thereby the implications
Pyramid Scheme
In the three weeks following the Thanksgiving holiday in US, investors were subjected to a
Pfizer Stops 70% Of Hospitalizations In Real-World Omicron Study
One of the first major, real-world studies of the Omicron variant’s capacity to evade existing
Analysts, Investors Will Never Admit The Truth About Turkey
Recep Tayyip Erdogan was back above the fold across mainstream financial media outlets on Monday.
‘Omicron-Like’ Emerges. UK Set For ‘Plan B’ Protocol
Boris Johnson was poised to unveil a new round of COVID restrictions for England as
Nothing Is More Political Than Inflation
Towards the end of “Bad Optics,” I spoke briefly about the political ramifications of persistently
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