Recent Posts

Macron isn’t Gaullist. He’s just angry at Germany

It’s become fashionable of late in central Europe to accuse French President Emmanuel Macron of being a “neo-Gaullist” who touts the cause of “European sovereignty” as a cover for expanding French power, cozying up to Russia and keeping the US at bay. Worse, he’s undiplomatic about it all, arrogant, “Jupiterian.” This interpretation may be understandable for the Poles and Balts. ...

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Japanese tech needs a little hostility

I’m not selling,” says the chairman of one of Japan’s biggest technology companies. Let me grab some popcorn and a ringside seat for what I hope will be a hotly contested bidding war. Japan’s tech sector is ripe for further mergers and acquisitions. But the rarity of hostile takeovers means most deals feel like they’ve been hammered out over a ...

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Riksbank says enough is enough on negative rates

Most economists and market participants don’t usually spend much time looking at Swedish monetary policy. Today should be different given the decision by the Riksbank — the country’s central bank and the world’s oldest — to part ways with its peers in advanced countries by raising interest rates because of worries about the collateral damage and unintended consequences of an ...

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