In the annals of American economic policy, few gambits have rivaled the audacity of President Trump’s tariff offensive, and the high-stakes poker of modern geopolitics. With a flourish of rhetoric at his second inauguration that most felt was replete with hyperbole, Trump pledged to exact a toll on the world’s...
Uncertainty, that boogeyman of commerce, has descended upon the American psyche with the subtlety of a sledgehammer. Investors and entrepreneurs, those intrepid navigators of risk, recoil from ambiguity as though it were a contagion. And yet, ambiguity is precisely what President Trump has delivered in spades with his latest trade...
In the complex dance of global economics, where national currencies pirouette to the rhythms of political ambition, we find ourselves witnessing a particularly intricate performance orchestrated by the Trump administration’s trade policy. What began as a triumphant march of American economic exceptionalism last October—with stock markets and the dollar ascending...
In what amounts to a peculiar economic spectacle, three historically stalwart currencies — those reliable barometers of prudent fiscal management — find themselves engaged in a synchronized descent that would give pause to even the most seasoned monetary theorist. The Swiss franc, Canadian dollar, and New Zealand dollar, each traditionally...
Archeological evidence hints that Gold held value with cave dwelling paleolithic humans as long 40,000 years ago. The Egyptians 4,000 years ago and later the Greeks cherished the glitter and rarity of the yellow metal, using it as a currency. Precious metals, with Gold at the vanguard, have been central...
The President’s odd choice of hyperbolic criticism that Exxon has more money than God may be offensive to those of faith, but begs the less celestial question: How Greedy is Big Oil? Net profit margins of Oil and Gas companies are surprisingly modest. Politicians survive on their popularity; thus, job...
A strong consensus expects a slowing economy, but no Recession over the next year. With a 40 year high in inflation, a growing shortage of food and energy and a Federal Reserve Bank that is determined to keep hiking rates until the economy breaks, it’s not easy to ignore the...
Since Russia’s invasion, they have earned a multiyear record $33 Billion a month from fossil fuel exports. The European Union has accounted for 71% of Russian fossil fuels, worth $46 billion in March and April. Despite Europe’s moderate success in reducing the volume of Russian energy imports by 20%, they...
Western ignorance has fostered unfettered dependence upon Russia’s food exports. Putin knew that in the short term, Europe and the world could not replace the Oil, Natural Gas, Uranium and Wheat exports he needed to help fund his military campaign in Ukraine and beyond. Russia has drastically cut its export...
Russian President Putin assumed he would be isolated from the world to some degree and was correct in betting that Europe lacked the fortitude to cut off critical energy imports from Russia. However, he was likely surprised by the degree and unanimity of costly sanctions that have been foisted upon...
