GLOBAL MACRO INSIGHTS

Trump’s Second Term: A High-Speed Gamble with Hazardous Consequences

Donald Trump’s second presidency is quickly becoming an exhilarating journey, one that promises a record-setting outcome, as long as it encounters no major setbacks along...

Trump’s “Big Beautiful Bill”: A Tax Cut, a Spending Spree, and a Warning Sign for the Dollar

The U.S. House of Representatives is barreling toward approval of President Donald Trump’s flagship tax and spending plan, a colossal, hastily assembled legislative cocktail that...

Trump Eyes Powell’s Replacement, But Powell Might Outstay the Drama

As Donald Trump and his advisers begin circling for a new Federal Reserve chair, they face an awkward little detail: Jerome Powell might not be...

US Core Inflation Eases Again in May, but Tariff Risks Loom

Core inflation in the United States rose by less than expected for the fourth consecutive month in May, suggesting that firms have, for now, largely...

President Trump’s Tariff Hammer Strikes Again – This Time at 50%

President Donald Trump has, once again, dusted off his favourite economic weapon: tariffs. Steel and aluminium imports now face a 50% duty, up from a...

Trump Delays Tariff Blitz on the EU

President Donald Trump has graciously extended the deadline for his 50% tariff barrage on the European Union — now rescheduled for 9 July — following...

US Inflation Cools, but Don’t Pop the Champagne Yet

Inflation in the United States was just a touch softer than expected in April, providing policymakers with a momentary sigh of relief and a not-so-subtle...

Moody’s Pulls the Rug, Markets Trip Over US Debt

Investors were treated to yet another delightful Monday morning punch in the face. US assets came under renewed pressure — this time not from tariffs,...

Friedrich Merz Becomes Chancellor—Eventually—But With Limping Authority and a Red Face

It took Friedrich Merz two tries, a parliamentary wobble, and a fair dose of political theatre, but the 69-year-old conservative finally secured the Bundestag’s blessing...