That's the biggest issue of all for the US. Even if you accept that there's a coherent strategy behind the new tariffs, that will lead to a payoff for the US, the capricious and flaky way t… (View Post)

Incoming via the BBC: George Saravelos, head of foreign exchange research at Deutsche Bank, wrote in a note to clients today that he feared that disorderly markets could eventually force the Federal … (View Post)

fun and Bedfordshire in the same sentence? (View Post)

Truly a hair-raising prospect. (View Post)

From the FT: The mystery is why so many — from Ackman’s fellow billionaires to Florida-based Venezuelans — have bent over backwards to miss who Trump is. A trillion comments have been wasted accusing… (View Post)