The Reshaping of Global Trade and Recent Economic Trends
A major Chinese conference related to the New Silk Road ended two days ago. The conference centered on the theme of “One Belt, One Road”, which is the Chinese equivalent of a Marshall Plan to dominate world trade via controls of railways, shipping routes, power...Weekly Market Update
Market Action The U.S. and China stuck an agreement on a 10 point trade package on Friday centered around good and services such as beef, poultry, natural gas, financial services and biotechnology. Commerce Secretary Wilbur Ross touts the deal as a means to reducing...Sic Tranit Gloria Mundi: Defining Moments in Global Financial History and the Undercurrent of Today’s Developments
There are revolutions, wars, and historical periods that have defined global developments and carry significant weight in shaping up the world economy to this day. There is little if any doubt that France during the Revolutionary Wars, Britain during the Napoleonic...Weekly Market Update
Market Action The April employment report came in much stronger than expectations. The unemployment rate fell to 4.4%, a post-crisis low on the heels of 211,000 jobs created in April. The report boosted the odds of a Fed rate hike in June to 80% according to market...The Powerhouse of Structural Changes: Co-integration, Co-movement, and Disintegration
By 460 CE the Roman Army was dominated by Germanic troops. By that time they had also forgotten a basic lesson that it is the army that elects the Emperor. By 475 CE, the barbarian chief Odoacer replaced the Roman emperor with himself. The citizens of Rome selected...Sign Up for Our Publications
