Market Swings and Policy Moods: Kafka, Verdi, and Pink Floyd
Whether President’s Trump’s threat of imposing additional tariffs on $200 billion worth of Chinese imports is a negotiation tool or a real threat remains to be seen. What/who also remains to be seen is Treasury Secretary Steven Mnuchin, who declared just a few weeks...Everything is a Political Theater, but a Political Theater is Not Everything
A few days ago, it was reported that Social Security will be tapping into the Trust Fund in order to pay its obligations. As our total indebtedness reaches $200 trillion (federal, state, city debt) I am pondering when we will be returning to a state of soberness....Sector Focus: Emerging Markets, Part 1 – Thailand and Indonesia
Instead of attempting to cover all areas of emerging markets in one report, we are going to split them over several weeks and cover specific countries. This week we will cover Southeast Asia, focusing specifically on Thailand and Indonesia. Thailand Thailand was...The Dollar and TIVA: An Overview of Turkey, Italy, Venezuela, and Argentina
The inverse correlation between the US dollar and emerging markets currencies is a well-known fact. That inverse correlation has been affirmed again over the last few months as the greenback gains ground against emerging markets currencies, in lieu of higher interest...Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (Interview)
Sir Paul Tucker is a fellow at the Harvard Kennedy School and chair of the Systemic Risk Council. Previously, he was Deputy Governor at the Bank of England, sitting on its monetary policy, financial stability, and prudential policy committees. Internationally, he was...Sign Up for Our Publications
