The US simply doesn't have enough people or factories to make all the stuff it imports from other countries. So it will have to do some combination of paying higher prices and consuming fewer goods. … (View Post)
The EU had better start issuing a few hundred billion jointly guaranteed short-dated debt. Need somewhere for all the central bank reserve money fleeing the US treasury market to go. (View Post)
Right now the market are spectators. We've had the shift from "it's a negotiating ploy" to "some tariffs will be permanent but some are for negotiating purposes" being priced in. … (View Post)
Honestly, part of the problem is no one in the markets has a fucking clue what they're doing right now. You don't need a model of company growth, GDP trends and cashflows at the moment in markets. Yo… (View Post)
I wonder if one of the biggest problems with the US constitution is the two year terms for everyone in the House of Representatives. Combined with primaries it means they are in campaign mode for a f… (View Post)