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angloamerican74.bsky.social
Economist and fixed income portfolio manager
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In an extraordinary display of public support, heads of state, heads of government, and foreign ministers from all over Europe and Canada are posting in support of Ukraine in response to the Oval Office meeting with Trump, Zelenskyy, and Vance.

Donald Trump has disgraced the United States of America in countless ways since he first entered political life ten years ago. But he had never disgraced the nation as badly as he did today. He has brought shame on this country to an extent I had never thought possible. And he has only just begun.

Is there a single fucking Republican in America with any morals left willing to stiffen their spine and speak out against what happened today?

Goldman Sachs, Jan 21: "Despite Trump’s comments that the 25% tariff will be implemented in 10 days, we continue to believe the odds of a 25% tariff on Canada and Mexico are low (20%)." Why have analysts been caught so flat-footed by Trump doing *exactly what he said he would*?

My statement on the January 6, 2021 Violent Insurrection:

Remember the "twin deficits"? They may be back paulkrugman.substack.com/p/the-dollar...

I'm normally very dovish, but even I admit that the case for a rate cut was pretty evenly balanced given recent data. And projections about future Fed policy are almost pointless: everything depends on whether Trump really does what he's been saying he will, in which case hard to see any cuts

So Elon Musk has endorsed Germany's AfD. I did Nazi that coming. OK, that's a lie. It was obviously where he was going. We can argue whether Trump fully fits the definition of a fascist, but Musk, who increasingly looks like the senior partner, isn't hiding it at all