UPDATE 815AM EDT: I see Reuters has reported that "Trump says that NATO allies have committed to raising defense spending beyond 2 percent of GDP." This reporting validates everything I write here.
We have a lot of new reports coming out of the NATO summit this morning. And I am still trying to unpack where US President Trump is headed with his performance in Brussels. I am still very much of the opinion that his moves are calculated bluster because unpredictability is central to his "Art of the Deal" strategy.
It is clear that he wants to torpedo the Nord Stream 2 deal as I wrote yesterday. But, beyond that, everything is still speculative. Here are my thoughts though.
Some reporting on Nord Stream 2
Here's what Politico is reporting today about the EU view of the Ru...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.