INSUBCONTINENT EXCLUSIVE:
trade-war stick at China and various allies has generally elicited stock-market yawns
But Trump's new tariffs on Chinese goods today may have been a hot pot of coffee
China fired back with massive tariffs of its own, and Trump has threatened to retaliate for China's retaliation
Suddenly the trade wars seem to matter a bit more to stocks; the SP 500 fell about one percent before recovering at the end of the day
And trade wars matter in some quarters more than others
might blow up in its face, notes
David Ader.
Trump seems to pay attention to the stock market, and too much howling there could make him
And now, in another surprise, with a different Republican in the White House, big government is coming back.
Again, this may seem
incongruous; Trump has been hacking away at regulations and the social safety net
But he's also using government to intervene in free markets and prop up dying industries.
Meanwhile, socialism is making a comeback in
that we forgot why we ever worried about it
Maybe it was the exciting presidential run of the openly socialist Bernie Sanders
Maybe the GOP's relentless attacks on government services make people appreciate them more
And maybe problems like yawning inequality and a dismal health-care system just obviously call out for big-government answers like, say, a
guaranteed job or Medicare for all
It might not be long before another president openly embraces Big Government again.
Easy Does It, ECBThe European Central Bank is taking its
bitcoin, but on finding a greater fool to buy your bitcoin
For some reason, those fools have gone missing.
The World Cup: A Cost-Benefit AnalysisToday was the second day of the World Cup in Russia
The fact that I noticed that during my work day is a reminder that big sporting events like these can be hell on productivity
Maude Lavanchy and
Willem Smit try to figure out just how much economic value these things destroy
In fact, it could be a big moment for the United States to rebuild the bonds with its neighbors and the world that Trump has been busy
trying to break.
Leonid Bershidsky and Mac Margolis, on the other hand, wonder how much the World Cup even needs the United States
Chart
AttackTara Lachapelle and
Elaine He look at all the crazy places Media Mega Merger Madness could take us, with the Media Merger
has come out pretty sweet
