Recent Posts

US presidential race gets harder to predict

  Jonathan Bernstein With a bunch of new polls released over the weekend, speculation about how a general election race between Hillary Clinton and Donald Trump ends is beginning to matter. Just not in the way you would think, based on all the hype. We have three ways to predict what will happen, each with strengths and weaknesses. First, there ...

Read More »

China poses a threat, just not the one Trump thinks

Both Hillary Clinton and Donald Trump have propelled their campaigns in part by appealing to globalization’s losers. The blue-collar American workers who have seen wages shrink and jobs disappear offshore have responded strongly to Trump’s China-bashing and Clinton’s newfound suspicions about free trade. Free Trade Feud The reality, though, is that neither candidate is going to bring manufacturing jobs back ...

Read More »

Dollar advances with stocks as traders assess Fed; Pound jumps

  BLOOMBERG The dollar and stocks worldwide climbed, as investors awaited additional clues on the health of the global economy amid speculation higher interest rates in the U.S. may come as soon as July. The pound and oil gained. The U.S. currency touched its strongest level since March against the euro, while Australia’s dollar and South Korea’s won posted the ...

Read More »
Send this to a friend