14 Results for:

May 23, 2019

United States
Trump's Next Fed Nominee Wants a Gold Standard. It's an Idea Past Its Time.

In January 1986, Ronald Reagan marched into a meeting of his economic advisory board and let off steam about inflation. “I used to pay $50 for a suit,” he fumed. “Now $50 will hardly get it cleaned.”…

April 25, 2019

China
The United States and Europe, Divided by China

President Trump doesn’t have much in the way of kind words for the transatlantic alliance. As a candidate, Trump called NATO “obsolete.” As president, he has reportedly asked aides why the United Sta…

A navy soldier of the People's Liberation Army (PLA) stands guard as Chinese citizens board the naval ship "Linyi" at a port in Aden, Yemen March 29, 2015.

April 11, 2019

Europe
How Things Could Turn Ugly With Brexit

The big day was March 29. Then it was April 12. And now Europe’s powers have decreed that Britain has until Oct. 31 to decide how — or indeed whether — it would like to leave the European Union. At t…

Chairman Richard Tice speaks at the launch of the newly created 'Brexit Party' campaign for the European elections, in Coventry, Britain April 12, 2019. (Eddie Keogh/Reuters)

December 12, 2018

United Kingdom
The Bright Side of Britain’s Brexit Chaos

Despite a no-confidence vote, the odds of a stabilizing outcome have brightened.

An anti-Brexit demonstrator wears a Union flag decorated with the stars of the EU flag opposite the Houses of Parliament in London, Britain.

November 15, 2018

United Kingdom
Britain Has Reached a New Worst-Case Scenario on Brexit

A second Brexit vote remains the best option in a dizzyingly difficult situation.

A pro-Brexit campaigner holds a placard as a tourist bus passes by in Westminster London.

November 14, 2018

Financial Markets
Is There a Financial Time Bomb in Sight?

If an expert committee makes the wrong call on Thursday, there is a disquieting possibility that the cliff may be in sight.

A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York.

October 9, 2018

United Kingdom
Brexit Isn’t the Only Shock Hanging Over Britain

While most attention focuses on the implications of Brexit, the Labour Party's Marxian hard leftism should cause us equal, if not more, concern.

Britain's Labour Party leader Jeremy Corbyn acknowledges the audience's applause after he delivered his keynote speech at the Labour Party Conference.

September 30, 2018

China
Trump is Rising to the China Challenge in the Worst Way Possible

China has 800 million Internet users and is overtaking the United States in areas such as drones, mobile payments, bike sharing and artificial intelligence. But Trump is responding to the China chall…

Chairman and CEO Wang Xing and executives of China's Meituan Dianping attend a news conference celebrating the company's IPO.

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

September 21, 2018

United States
Is Trumponomics Working? Not Really.

Trump’s trade policy is turning out to be worse than expected and the growth surge mostly reflects a temporary sugar high from last December’s tax cut. The caveat has to do with corporate investment…

U.S. President Donald Trump delivers remarks on his tax policy in Blue Ash, Ohio, U.S. February 5, 2018.