Consumers are traditionally the engine of the US economy, and I believe consumer confidence is an..

Macro Strategies, COVID-19

The global pandemic has devastated global trade. It appears that some of the drop in trade is..

Macro Strategies, Trade, COVID-19

On March 31, the Federal Reserve announced the creation of another new liquidity facility; this one..

The Fed, Central Banks, COVID-19

What's new

The Federal Reserve (Fed) has taken another step in its attempt to avert a financial..

The Fed, COVID-19

The United States and China surprised me with their announcement of a small “phase one” trade deal..

Macro Strategies, Trade

The fact that US trade with China has declined shouldn’t be a surprise. But how bad is the damage?

Macro Strategies, Friday Fact, Trade