The broad context is the ramping up of super power vs super power which US can't win since the election is only 18 months or so hence. I believe US strategies have been seriously flawed from the start. China has done a great deal of groundwork on ...

Mnuchin Says Trade Negotiations With China Are in ‘the Final Laps’

A big problem with such data is the extent to which money or near money items are excluded from the data collections. One thinks of the variability of credit and debits cards, institutional restructuring and cryptocurrencies. Are these sources ...

Monetary developments in the euro area: March 2019

Sustainable profits outlook requires sustainable GDP outlook in USA and around the world and its already unconvincing and increasingly unconvincing with new US inspired trade wars imminent. Many people want to believe that America is becoming great ...

GDP: Deja Vu

While Brexit is unresolved this strategy is extremely vulnerable to political turmoil. And buying GBP with NZD will be expensive funding cost in the meantime.

GBPNZD: Top Trade Idea of 2019?

USD reaction suggests data in USA not that convincing after all. April jobs takes next spotlight. US more healthy than most but fundamental question marks. Caution for shares.

S&P 500 and Nasdaq close at record highs after strong GDP report

What a surprise! While politics has overshadowed economics for 2 and half years now the fall in global trade was the best bet flowing from US 'strategies'. Well done.

World Trade Falls Most Since Financial Crisis, Hit by China & Other Emerging Asia

US farmers are highly protected already.

Japan Trade Talks Set to Dominate Agenda as Trump Hosts Abe

Switzerland is a managed economy if not exactly centrally planned. Either you have faith in markets or you don't. Switzerland does not have that faith in markets hence the interventions. Why they pretend to be other than interventionist is beyond ...

Jordan: Monetary policy in the interests of the country as a whole

When many goods and services markets globally are being interfered with by big governments, the evidence on global momentum is patchy to weak, and US has no clear blueprint about its strategies it is foolish in the extreme to buy into a back to ...

The American economy looked like a drag just a few months ago. Not anymore

Stronger USD now brings Mnuchin into Trump's cross hairs. The conditions now were described in earlier posts. Weaker US data, even weaker RoW data, stronger USD and relatively high short US interest rates. Blame Powell and blame Mnuchin. USD ...

US Dollar strength continues amidst continued economic outperformance

Being so far behind in the polls and only 18 months out from the election the President's economic scenarios will continue to act as a check on outrageous actions if not rhetoric. The US economy is not booming since, if it were, the FED would be ...

Euro at Risk as US Ends Iran Oil Waivers - Trade War Tensions Rise

I agree with you that the probable outcome is Remain. I am not promoting that outcome but everyone needs to face the fact that not enough people supported Leave to allow any such decision to be implemented and to be agreed to. Neither would another ...

Brexit: Labour Party Spokesman Says Not True That Brexit Talks Have Stalled With The UK...

The independence is mainly in the legislation but there is still the Presidential jaw-boning which cuts across the FED's attempts to communicate clearly its views and outlook to the public. In boxing the role of the three ringside judges is akin to ...

Cain and Moore wouldn't shift the Fed. A Trump 2020 victory might

You mean the month of May?

Theresa May faces threat of new confidence vote after European elections amid Brexit backlash

The Brexit process has devalued the value of the land by large multiples of tax liabilities. Consider the potential of a gifted child crushed by harsh parenting. UK is wounded, vulnerable, anxious and indecisive. Democracy and/or greater unity ...

So 1% of the people own half of England. Inheritance tax reform could fix that

Impasse: "a situation in which progress is impossible, especially because the people involved cannot agree." Suggest three pronged solution: 1. Remain in the EU for the time being. Remember the 2016 Referendum was non-binding anyway. 2. Raise the ...

Brexit: Labour Party Spokesman Says Not True That Brexit Talks Have Stalled With The UK...

80% DK. Such polls should be given zero weighting.

EU’s Tusk: Brexit ‘Extension’ Is Flexible

If? Not if but when? Currently we already have a super power which is untrustworthy. It's a lesson from history to maintain a balance of power to counteract ambitions to greatness.

China must not assume it will overtake US as top superpower, warns former commerce minister

The rationale for my post is that I am looking for evidence that the world economy in 2020 will be well served by US decisions today and support a gradual but persistent rally in the USD.

Trump, despite solid U.S. growth, says Fed should fire up crisis-era stimulus

He has a very subtle and sophisticated economic and philosophical model. The inputs and parameters are manufactured at the WH and fed into the initial set of equations to analyse the first round effects. After what seems an age (9 minutes) and ...

Trump, despite solid U.S. growth, says Fed should fire up crisis-era stimulus