In 2020, increasing monetary and fiscal stimulus will be the equivalent of spraying gasoline on a fire to extinguish it. Economically, the 11 years since the Global Financial Crisis of 2008-09 have […]
On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not freely convertible. China has renminbi and yuan; one they peg to […]
Yesterday, we learned that our suspicions were correct, and that the US-China “Phase One” deal purportedly hashed out between the two sides last week appears to be more of the same disingenuous […]
For the first time since the US-China trade war began, Beijing has waived import tariffs on more than a dozen US goods, FT reports. Beginning Sept. 17, China will remove 25% tariffs on 16 […]
Blackrock’s Chief Investment Officer, Rick Rieder, best known perhaps for recently suggesting that the ECB should monetize stocks, writes in the Blackrock blog today and highlights the economic policy state-of-play today, and where it may lead to […]
With Beijing rapidly running out of US imports to slap tariffs on, the Chinese government indicated on Thursday that it wouldn’t immediately retaliate against the latest US tariff escalation announced by President Trump […]
Entities in Japan have surpassed entities in Mainland China as the top foreign holders of U.S. Treasury securities, according to the latest estimate published this month by the Treasury. In May of this […]
