China the Currency Manipulator, and So What?
A toothless move, but it shows Trump no longer cares about scaring the stock market.
On the RMB Devaluation
It’s not that China needs to weaken the RMB. It’s that the dollar is just too strong.
RMB Breaks 7: Is this “the Edge of Chaos”?
Trump will take a great deal now, not just a good one. China may be forced to offer it.
Global PMI - 2019-08-04
PredictIt Owns the Market for 2020 Presidential Election Betting
On the New China Tariffs
The risk isn’t the tariffs – it’s that they could push RMB through 7, and collapse oil prices.
"Quentin's Really Into Margaritas": A Guide to Tarantino’s L.A. Secrets in 'Once Upon a Time in Hollywood'
On the July Jobs Report
An ordinary July, except that it kicks off the eleventh year of the business cycle expansion.
US Jobs - 2019-08-01
On the July FOMC
One small step for the Fed. It should have been a giant leap. Then there was that gaffe...