September 30, 2019
Economically speaking, Western civilization might be engaged in the most elusive search since the fabled quest by King Arthur’s knights to find the Holy Grail. Today’s investors face a no less formidable or elusive quest. Investors are desperate to seek out quality sources of income at a time when central banks are intent on undermining them.
August 30, 2019
The phrase “batten down the hatches” has nautical roots. The captain had complete control of the timing of readying the ship for the storm. Captain Donald Trump would like the same discretion over the timing and actions of the Fed, although he is unlikely to get it.
August 13, 2019
In the span of three months, U.S.-China trade relations went from being on the verge of a settlement to the precipice of an all-out trade and currency war. It looks like Trump’s infamous quote that trade wars are easy to win will be put to a test. How did it all go so bad, so fast?