Ukraine and Florida
This morning, we consider the blur of developments surrounding peace negotiations in Ukraine, their impacts on the Ukrainian-American community in Florida and Ukrainian refugees across the US, and possible outcomes. What will Putin agree to, and can he be trusted?
The Perkins Coie Executive Order Considered
Peter A. Gold addresses issues raised by the executive order targeting the Seattle law firm Perkins Coie and poses questions for every American to think about.
Coupes & Coops: A Tariff Story about Autos and Eggs
So what does the fate of a once-booming chicken-and-egg industry in my home state of New Jersey have in common with the evolution of the US auto industry? A 25% tariff, that’s what.
Trump Tariff Inflation
Is Trump tariff inflation already a certainty?
Is It a Trump Bump or Trump Slump?
Is it a pullback of 5–6–7%, which can happen several times a year? Is it a correction (10% or more)? Is it serious? Will it become a bear market sell-off (20% or more)?
Shoot-Out!
Hundreds of millions of people witnessed the recent shoot-out in the Oval Office. Among them, in the room, was a reporter from Russian media. Here are some takeaways.
Bird Flu, The Rat & The Flea
As H5N1 bird flu spreads across mammals and has now reached rats, we are reminded of Chapter 7 in our new book, The Fed and the Flu: Parsing Pandemic Economic Shocks. That chapter focuses on the Plague of Justinian in the Eastern Roman Empire, where plague (caused by the Yersinia pestis bacterium) spread with the range of infected oriental rat fleas.
Gold? Sovereign Wealth Fund
I believe a sovereign wealth fund (SWF) is coming from Trump 2.0. It may have to trigger a huge change at the Fed, which might revalue the gold certificate to a $1 trillion asset on the Fed’s balance sheet. And then the liability side of the Fed’s balance sheet would be a transfer of $1 […]
Tariff War Continues
The Tariff War is getting hotter. Here are some bullets and a reading list.
Our New Book is Official
We are live with our new book, The Fed and the Flu: Parsing Pandemic Economic Shocks (https://www.thefedandtheflu.com). My co-authors and I have nearly five years invested in the effort. We appreciate the positive reviews the book has received so far. Here are two recent ones from independent reviewers:
