China still manages its currency. That’s hardly a shocking statement, I know. But I don’t fully subscribe to the view that China’s depreciation in the summer was simply a market move, given the dolla…

The trade deficit continued to shrink in February, even though oil prices stopped falling. Chalk that up to a huge slide in non-oil imports. Non-oil goods imports were down 25% y/y. Automobile…

My colleague at the Council’s Center for Geoeconomic Studies -- Paul Swartz -- has been tracking how the current US downturn stacks up against the typical post-War War 2 downturn. The answer isn’t…