Interest Rates, Trade Wars, and the Theatre of the Absurd
Managing the economic fallout of a global pandemic might one day be remembered as an easy job for the Federal Reserve, especially compared to navigating...
Tag: stagflation
Don’t Count on the Fed to Rescue The US economy
Trump’s full-frontal assault on free trade is nothing short of breathtaking—for its scope, its scale, and its wilful lack of nuance. The average tariff is...
Investors Flee to Treasuries as Trump’s Trade Tantrum Tips the World Towards Stagflation
Shell-shocked investors are stampeding into US Treasuries, desperate for shelter from the economic whirlwind unleashed by President Donald Trump’s latest round of tariff diplomacy. This...
Is the world heading towards stagflation?
Millions of borrowers worldwide face a generation’s most radical monetary tightening campaign. If we are near the end of the economic cycle, several structural elements...