Tag Archives: Donald Trump

… according to PredictWise: Strongly rising, at 25%+. Tyler Cowen: Ditto, 25%.

The reflation trade that started before Donald Trump’s victory in the US presidential elections accelerated in Q1 as global economic data improved and surprised against expectations. Global equities are up 6.5% in dollar terms with markets such as Hong Kong, emerging markets, and Brazil the clear outperformers. In its Q2 2017 Outlook report, Saxo Bank warns that the reflation trade will end in Q2 with a healthy correction in global equities.   The biggest perception-versus-reality...

Nehmen uns die Roboter die Arbeit weg, oder schaffen sie neue Arbeit? Ein Arbeiter bei der Endmontage eines Industrieroboters. Foto: Karl-Josef Hildenbrand (Keystone) Donald Trump verspricht, Amerika wieder «great» zu machen. Er verspricht, im Land neue Arbeitsplätze zu schaffen, Industriejobs in den von der Globalisierung gebeutelten Regionen von Michigan, Ohio, Indiana oder North Carolina. Seine bisherigen Äusserungen – von einem kohärenten «Programm» kann bislang immer noch nicht die...

Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the European leaders sat down for lunch at the Quirinal Palace, some of them had a little too...

The Mexican Peso has been recovering ever since Donald Trump assumed office. Its value has climbed back to nearly where it was at the time of the US election. Time series as reported by xe.

In an open letter, L. Rafael Reif, President of MIT, encourages Americans to oppose the White House’s budget plans.

Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend's OPEC meeting in Kuwait where a committee recommended to extend oil production cuts by another 6 months. Safe havens including the yen and bonds climbed as did gold,...

While Donald Trump has repeatedly expressed his displeasure with China for manipulating its currency, he appears to have recently figured out that over the past 2 years Beijing has been spending hundreds of billions in dollar to strengthen, not weaken, the Yuan and to halt the ~$1 trillion in capital flight from China. But while everyone knows that the biggest currency manipulation in the world, and perhaps the Milky...

Economic Reports Scorecard The Federal Reserve is widely expected to raise interest rates again at their meeting next week. They obviously view the recent cyclical upturn as being durable and the inflation data as pointing to the need for higher rates. Our market based indicators agree somewhat but nominal and real interest rates are still below their mid-December peaks so I don’t think a lot has changed. More...

Sweden’s tabloid Aftonbladet (in English) about what happened on Friday, 17 February 2017 in Sweden (nothing extraordinary).