Trump 2.0
31 posts
Checks and Balances
The US is a federal republic. It isn't a democracy, where the majority always rules. The constitutional system…
From Trump's Tariff-Postpone-Repeat to Court's Cease-and-Desist
In imposing his tariffs in early April, President Donald Trump called the trade deficit a national emergency that justified his…
The Elephants In The Room
The elephant is as good a metaphor as there is for the US government bond market. Its scale, power, memory,…
By The Shores Of Lake Geneva
Here is how US Treasury Secretary Scott Bessent characterized his negotiations with Chinese trade officials this past weekend: "We…
US Economy Is Tariffied
President Donald Trump's Tariff Turmoil (TTT) is certainly upsetting global trade relations and confusing financial markets. This is…
POTUS Blinks
President Donald Trump blinked. So stock prices rose. Late Tuesday, he said that he has "no intention" of…
Damage Assessment
Stock prices fell sharply today in response to President Donald Trump's recent unseemly barrage of hostile tweets directed…
A Rubik's Cube Of Questions Along With Some Weak Soft Data
Will tariffs boost inflation and depress the US and global economies? Will inflation be transitory or persistent? Will the economy…
Stocks Rise On Latest Trump Pivot
Any day with a Trump Pivot is a good day for the stock market. Shares of automakers closed higher today…
Tit-For-Tat: The Opposite Of Panda Diplomacy
The trade war between the US and China is heating up, increasing the risk that China will invade Taiwan. Let…