Trade in the Time of Trump
Trump promised in 2016 and 2024 to undo deindustrialization from globalization and free trade, with tariffs as his main tool. Can it work?
Read more...Category Archives: Economic fundamentals
Trump Tariff Climbdown: Consumer Impact Worse Due to China Retaliation; Who Wins Aside from Trump’s Ego
Some further observations about the Trump tariff train wreck.
Read more...Top Trade Expert Says Trump Tariff Pause Lays Bare ‘Just One More Con on Working People’
Do Trump’s trade flip flops, destructive to everyone save perhaps insider traders, show that he has entered a Mad Ludwig phase?
Read more...Data Center Boom Sparks Utility Spending—But How Real Is the Demand?
In an unexpected break for the environment, might much-hyped data center energy demand fall short of projections?
Read more...Longer-Dated Treasuries Sell Off Sharply, Increasing Interest Rates: The Exact Opposite of What Trump Says He Wants
Mr. Market, in the form of longer-dated Treasury yields, is not on board with the Trump tariff scheme.
Read more...Trump Thinks Tariffs Can Bring Back the Glory Days of US Manufacturing. Here’s Why He’s Wrong
More on the false premise that Trump can restore the US as a manufacturing powerhouse.
Read more...Focus on Market Rout from Overvalued Levels Diverting Attention from Real Economy DOGE, Particularly Social Security and Depth of Tariff Damage
The focus on the market rout pervesely distracts attention from Trump’s massive and probably durable real economy destruction.
Read more...Trump Tariffs Run Over Already-Desperate Car Industry; Higher Prices, Job Cuts, and Supplier Closures Baked In
The tariff situation has developed not necessarily to the advantage of the car industry.
Read more...Trump’s Tariffs Are Extremely Dumb, Just Not For The Reasons You Might Think
The massive Trump tariffs are a con on a global scale. Trump is not rejecting the corporate trade model. He’s weaponizing it.
Read more...Private Equity Shares Tank Based on Trump Tariffs; Private Equity and Credit Crises Coming?
How the Trump tariffs will whack private equity, and even more so, investors like CalPERS and other public pension funds.
Read more...Another Trump Big Lie: “Reciprocal Tariffs”
Further discussion of the delustions and misrepresentations of the Trump tariffs.
Read more...Trump Deploys His Tariff Wrecking Ball; How Much Will the US Suffer Along with Most of the Rest of the World?
The latest Trump tariffs kick up the destructiveness of his administration up to a whole new level.
Read more...Bracing for the Fallout from Trump Tariff Delusions
Trump is about to drop another big tariff shoe, and pretty much no one but very hard core ideologues is on board.
Read more...Europe Scrambles To Revive Metals Industry
The dire state of Europe’s metals industry is another example of the damage done by the loss of cheap Russian energy.
Read more...Satyajit Das: European Mirages – Why Crises and Decline Lies Ahead
To alleviate its decline, Europe needs to restore good relations with Russia and China, which seems impossible absent regime changes
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