Whatever the exact trigger, the extraordinarily recent sharp appreciation of Taiwan’s currency, the NT dollar, is perhaps the clearest signal yet that the US do... Read More»
The base case here remains that the US has no leverage over China on the tariff issue, as previously discussed here (see In Tariff Negotiations, Trump Has No Ac... Read More»
The 47th president has continued to behave like the proverbial bull in a China shop.
This is fundamentally bad for all US financial assets, particularly Trea... Read More»
“What’s Trump’s ace up his sleeve? What’s the weapon that he can legitimately use to inflict real pressure on China and push them to the negotiating table with ... Read More»
One issue facing investors this year is the self-evident contradictory nature of President Donald Trump’s policy agenda and how those contradictions are resolve... Read More»
The relatively hawkish message sent by Jerome Powell at the last two Federal Reserve meetings suggests that further interest rate cuts are no longer guaranteed ... Read More»
It may be a little ridiculous. But Donald Trump’s surprise decision, or threat, to impose a new round of tariffs on China at the start of September has subs... Read More»
If monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines.
The Donald's De... Read More»
TARIFFS: Solar Panel Flare-ups
China is the world's largest producer of solar cells and lithium batteries.
The big unpublicized truth about clean technolo... Read More»