ALL CATEGORIES

Trump

TARIFFS REDUX

As I write this on Sunday, the DOW is poised to lose another 1,500 pts at the opening on Monday morning, on top of the 4,000 points lost in 30 hours late last week. If there is anyone out there who still does not understand how tariffs work, or if someone you know...

read more...

WONK, WNRK, SPIN, SPIN

Wonk, Wonk, Spin, Spin I am not an economist, but I have dealt with formulas in my scientific career.Mr. Trump announced “reciprocal” tariffs yesterday. On the surface, the chart he produced showed terrible inequalities of tariffs.But…This is Snake Oil, and it is...

read more...