The market would collapse, pushing yields through the roof. (View Post)

Dan Hodges is supposed to be a political commentator. Donald Trump is not “raving mad”. That’s a stupid and totally unexplanatory assessment. (View Post)

Believe Ackman suggested this last night. It would be sensible. The US’s strategic trade issue is essentially with China, not with its (erstwhile?) allies. (View Post)

All this because Eric Joyce started a drunken brawl in the House of Commons. (View Post)

Nervous laughter. I just think it doesn’t help anybody to pronounce Trump as mad. His policies, sure. Even then, there is a logic of sorts behind what we are experiencing, per Bessent on Tucker Carls… (View Post)