David Kotok offers insights and analysis on current economic and political issues and their potential impact on global financial markets. David’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV, and Bloomberg Radio, Fox Business, and other media.
We will start this commentary with an excerpt from “Hearts and Bones,” a famous Paul Simon song of the early 1980s. At the end is a link to a YouTube of the song and a detailed explanation of how the song and its album came about.
We are on an unsustainable path of government debt creation and fiscal imprudence. The unprecedented partisanship that exists in Washington, D.C., is unlikely to change as we lean into a Presidential election in November.
While the news flow in the US seems fixated on the daily Trump trial revelations, the daily ouster of campers in universities or the coming presidential debates, the war activity and risk in Europe is expanding. This has major implications for Europe’s financial markets which will soon have to deal with the political change in the forthcoming European Parliament elections.
I wish all Sunday readers and their mothers the very best celebration of their special day.
For newer readers, the links to the original four-part series are at the end of this commentary.
We thank readers for their many comments about our Cuba series. Here are a few of those responses.
I’m in Cuba and have been meeting with doctors and others to learn what the situation is here with regard to Zika. I’ve visited a daycare center and a rural community and been briefed on mosquito control.
What I’m learning is eye-opening.
In “Cuba Series, Part 1: The Bay of Pigs”, I discussed our GIC delegation’s recent visit to the Bay of Pigs Museum in Cuba. I also mentioned the impact of US sanctions. Let’s use this commentary for some deeper details about sanctions.
I’m going to start this multipart series about Cuba with a report of my personal visit to a region outside the Havana area. Readers will see why shortly. So, here’s Cuba Series, Part 1: Bay of Pigs.
