September 4, 2025
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.
Imperiling the independence of the Fed has driven up US borrowing costs to the tune of $10 billion a year. We look at CDS data and the allegations.
Philippa Dunne and Doug Henwood of TLR Analytics have published an excellent piece on the history of the BLS and the significance of Presidential interference with its statistical role.
The message in the front end (first two years) of the yield curve is powerful. Take a look.
Deportations and restrictive immigration policy portend economic growth rate declines and maybe a full recession.
Fast-moving events are unfolding, driven by President Trump’s initiative. Outcome still uncertain.
We examine the history, why Russia cannot be trusted, and where things stand in this rapidly changing geopolitical sphere
In Maine, we discussed details about the Fed in confidence. Here’s a public discussion with similar details.
Topics for discussion between President Trump and Vladimir Putin at the Alaska meeting scheduled for August 15 are uncertain.
This Sunday is the closing day of our annual gathering in Maine. Camp Kotok 2025 fulfilled my highest expectations.
On Thursday evening, three Ukrainian eyewitnesses, one a military veteran, offered grim reports on what Putin’s forces are doing in Ukraine.
A brief report on day one of Camp Kotok, topics under discussion, and what lies ahead this week