Though some small details have leaked over the past year, the British public has never seen the entirety of its government's plan for coping with a 'no deal' Brexit. Perhaps the most staggering is that the British government expects the return of a hard border in Ireland, which actually isn't Read more…
But Putin has always known very clearly where he is in the great continuum of Russian history. And he sees clearly that since the collapse of communism and the end of the Cold War in 1989-91, international liberalism with its unyielding demands of total free trade and total, open borders, Read more…
When stocks rise – usually because the Fed made some guttural, dovish noise and promised even more monetary Kool-Aid – the bulls are delighted, and go to great lengths to mock the bears and short sellers who are “obviously wrong.” However, when stocks plunge – as they did yesterday – Read more…
Though Clinton has insisted that he never visited Epstein's island, one of Epstein's accusers, Virginia Roberts, claims she saw Clinton on the island for a dinner held in his honor shortly after he left office. Groff has been named as a possible accomplice in the New York case – AG Read more…
In theory, stagflation should be positive for duration (Green Eurodollars are probably the sweet spot) and the steepener. The green stars indicate where those data points are in the cycle. Jackson Hole (assuming Powell speaks) is the one catalyst, besides the September FOMC meeting, where you could see a steepening Read more…
Macy's shares are down 14% in the pre-market – the lowest since Feb 2010 – after missing Q2 expectations and cutting its full-year guidance for earnings, blaming weather, fashion, inventory and markdown issues. Macy's said diluted earnings for the three months ending in July came in at 28 cents per Read more…
Instead, Liddle writes, the UK should consider a more challenging adversary like China as its target for aggression. Moudhy Al-Rashid (@Moudhy) August 12, 2019 Thousands were outraged not because they didn't grasp the fact that Liddle's column was satire, but because they worried readers in other languages – for example, Read more…