There are five big topics in today's daily newsletter: the FOMC meeting, Apple's earnings, stock buybacks, student debt, and the political fight between the Koch brothers and Donald Trump
A recent Sky News poll shows a majority of Britons now in favour of a second Brexit referendum.
Trump's actions make German politicians of all stripes more committed to Europe. Mainstream German parties realize they need the EU more than ever.
As long as the EU remains vastly richer than countries in North and central Africa, there will be a flow of migrants to the EU. And Italy and Greece will get the lion's share of those migrants, fuelling anti-immigrant politics. With Eastern…
Why does the German immigration spat matter? It's not just about refugees. It's about German hegemony and European cohesion. This post explains.
Note: This post first appeared on Patreon on 2 Jul 2018 I saw a Twitter exchange this morning that reminded me that the Fed is facing a political crisis due to its quantitative easing program. And I think this will limit the Fed's…
This post was first published on Patreon on 20 Jun 2018 Last July, I was in Germany for a high school graduation. And as the only American family member in attendance, I got a lot of questions about Donald Trump. What I said then was that…
At some point, the ECB will likely be called into action. And they will give Italy an ultimatum on the fiscal front, just as they did with Greece.