Golden Deflation

"There is a huge difference between believing in gold and believing in the gold business... To the gold business, deflation is a killer... but, to a true goldbug, either inflation or deflation suggests the monetary world is off its axis. "

  • Jul 29, 2018 3:15 PM

Is Europe America's Friend Or Foe?

"If the EU fails to define itself for a world that is fundamentally different from that of ten years ago, it probably will not survive as a meaningful institution..."

  • Jul 28, 2018 8:00 AM

How The Iran Sanctions Drama Intersects With OPEC-Plus

Major states buying oil from Iran are unlikely to heed the US call to drop imports; key allies want a waiver to avoid sanctions; OPEC, meanwhile, will have trouble boosting output in the short-term; the puzzle is not solved, but there are dark clouds...

  • Jul 1, 2018 10:15 PM

Frontrunning: June 11

  • U.S.-Canada Trade Feud Escalates After Fraught G-7 Summit (WSJ)
  • Stocks, euro climb as calm in Italy overshadows chaotic G7 (Reuters)
  • Singapore Summit: U.S., North Korea Huddle in Last-Minute Talks (WSJ)
  • Art of the Foreign-Policy Deal: Trump’s Tactics (WSJ)
  • Jun 11, 2018 8:38 AM