Category: Global Economics

Durable goods orders fell 0.6% in May after declining an upwardly revised 1.0% in April.

The alleged “nuclear” option of China dumping treasuries is Much Ado About Nothing. A devaluation is another matter.

Effective Nov. 4, Trump demands all trade with Iran to cease. Iran can potentially use Bitcoin as a workaround.

A reader from Germany chimes in on events if CDU/CSU Split.

Trump will grant no waivers on purchases of Iranian oil. Effectively, this is an economic declaration of war on Iran.

The rhetoric and actions in Bavaria are interesting. CSU and AfD share much common ground.

Bloomberg offers one of the funniest articles I have seen in a long time. I’m not sure it was supposed…

The migration problem in the EU is unsolvable. Competing political positions explain why.

GDPNow estimates second-quarter GDP at 4.7%. The FRBNY Nowcast estimates 3.9%. Why the discrepancy?

Trump seeks to bring jobs to the US via tariffs. It’s backfiring.