When does UK leave the EU? Is the question which no one can answer with strong conviction. If you know, you don't. And don't bet. GBP will lose 10% one way and gain 20% the other.

GBP: The pressure is building

Deregulation is only pro free market if it is based on valid free market economic arguments. I don't recall any debates just unilateral decisions. Many of the policies implemented were to make the financial system both more secure (stable) and more ...

Megan Rapinoe Understands Economics

You agree?

Megan Rapinoe Understands Economics

Current US administration is incompatible with free market economics.

Megan Rapinoe Understands Economics

JP Morgan has a history of making profits and poor forecasts.

JP Morgan raises its stock market forecast, sees a China trade deal and an easy Fed

Much of the credit for this expansion must go to China and other newly emerging economies for carrying on huge transitions to more free market policies at a time when the US financial system almost imploded from 2008 onwards. This allowed industrial ...

Record-Long U.S. Economic Expansion

This is quite good in that the framework is not a tweet but a treat. You can understand that the subject matter is not pasted over with a shallow veneer but being investigated by someone actually trying to get to grips with a mystery set of ...

Bostic: Ruminations on Inflation

Republicans support the view that Government should be kept out of business matters as a matter of principle unless there is a valid economic rationale. Except, that is when they get into power when it becomes political and votes can never be ...

Resumed talks raise hopes for US trade deal

USD is a buy because if there is no inflation anywhere then no country will be raising rates will they? The differential still goes USD favour. Big money backs the most certain play.

Powell: Welcoming Remarks

Extensive interventions in many markets by the US administration and others are preventing the very forces in free market economies (and others) which would be contributing positively to both growth and inflation control. It is time to look to ...

Powell: Welcoming Remarks

Making the case for vested interest in selling PIMCO bond funds.

The Long and the Short of It: Making Sense of the Current Interest Rate Environment

Main point is that tariffs are neither subtle nor predictable in their effects. Neither are sanctions. These two conclusions are accepted by intelligent people. End of argument. And it is clear that US protectionism is not temporary within an ...

Tariffs could cause a Bible shortage, publishers say

USA believes in free market capitalism.

Wall Street Dons a 'Tinfoil Hat' to Ponder U.S. Currency Intervention

Amateur article.

What to expect from China's economy

Powell was appointed by Trump. Americans behind Trump = Americans behind Powell. Powell has a point of view on US economy which he has made very clear to us. As for US admin - niente. A point of view means you have analysed the circumstances and ...

Market On Standby Ahead Of Fed's Powell

A key difference with this cycle is the opposing force of US policies against imports. An important transition in 'normal' cycles is that the rest of the world gets a lift as US grows and sucks in imports. Then a second round effect of US exports to ...

July US Macro Update: Housing Remains The Weakest Link

Some important factors are missing in this article. 1. The mystery of very low inflation rates and therefore interest rates. 2. The US renewed emphasis on trade protectionism, coupled with use of sanctions and other policies. 3. The shift away from ...

The ECB Needs to Explain Itself

Economists are not using their arguments in the debate probably because of their paymasters. The threats to the FED are ludicrous and against everything taught at universities. The free market doctrine of Republicans does not support tariffs, ...

US: Hope for the best, prepare for the worst

Panic at the WH disco.

I Just Hope the Fed Doesn’t See This Jobs Report

Panic at the WH disco.

It’s ‘hallucinatory’ to expect a half-point Fed rate cut now — but economists still expect a...