Mexico

Frontrunning: March 30

  • Trump’s Border Wall: A Tall Order (WSJ)
  • Trump’s Hope for Rapid Reset With Russia Fades (WSJ)
  • China's Xi to meet Trump in Florida next week (Reuters)
  • U.S. Softens Call for Shift on Nafta (WSJ)
  • ESPN Has Seen the Future of TV and They’re Not Really Into It (BBG)
  • Inside the Leadership Shakeup at Merrill Lynch (BBG)

Trump's Border Wall May Force Government Shutdown

Trump's initial $3.8 billion border wall request is expected to complicate lawmakers’ negotiations to prevent a government shutdown. Senate Republican leaders said that they are unlikely to seriously pursue Trump’s supplemental border wall funding to avoid a potential government shutdown, courtesy of Senate Democrats who have vowed to block any funding of the 30-foot southern border wall.

Visualizing NAFTA's Mixed Track Record Since 1994

Bill Clinton: “NAFTA means jobs. American jobs, and good-paying American jobs..."

Ross Perot: "Americans will hear a giant 'sucking sound' as jobs go south of the border to Mexico."

New Study Says Robots Took All Of Detroit's Jobs, Not Mexico

"We are being afflicted with a new disease of which some readers may not have heard the name, but of which they will hear a great deal in the years to come—namely, technological unemployment." - John Maynard Keynes (1930).

This Guy Has Eight Passports

There are very few things within our power that have such a lasting, multi-generational impact. Citizenship is one of the most important.

Paul Ryan "Begged On One Knee" For Obamacare Repeal Vote

In September 2008, Treasury Secretary Hank Paulson reportedly begged House speaker Nancy Pelosi on one knee to support his bailout plan - it worked. Nine years later, faced with a crisis of his own, Speaker Ryan reportedly got down on one knee to plead with Rep. Don Young of Alaska – the longest-serving Republican in Congress - to support the bill.  (He was unsuccessful.)

Key Events In The Coming Week

The key economic releases this week are the consumer confidence report on Tuesday, the third estimate of Q4 GDP on Thursday, and the PCE report as well as Personal Income & Spending data on Friday. In addition, there are several scheduled speaking engagements by Fed officials this week.