What Is Wonks For Hillary? ... If you happen to be receiving emails from Hillary Clinton’s campaign, then you undoubtedly received an email last night with the subject line “We need wonks, [Your Name].” After some mild confusion, you might be wondering: What is Wonks for Hillary? -BustleLike her husband, Hillary is fond of being portrayed as a policy "wonk."It's hard work of cour...Read More
'Brexit' in America: A Warning Shot Against Globalization ... The Dow Jones industrial average finished down over 600 points after the vote results became known ... What's far more worrisome is whether Britain's decision represents an end to the economic integration and opening [of] the last few decades. - New York TimesDid we ever think we would see the day when the New York Times would willi...Read More
Gold faces own headwinds after Brexit shock ... Analysts question whether bullion can rise further after solid gains already this year ... As the UK voted to leave the EU, the only people celebrating more than Brexit politicians were a clutch of small brokerages that benefit when the world gets a little more volatile: bullion dealers that offer gold coins and bars to retail investors. -Financial...Read More
What Is Wonks For Hillary? ... If you happen to be receiving emails from Hillary Clinton’s campaign, then you undoubtedly received an email last night with the subject line “We need wonks, [Your Name].” After some mild confusion, you might be wondering: What is Wonks for Hillary? -BustleLike her husband, Hillary is fond of being portrayed as a policy "wonk."It's hard work of cour...Read More
'Brexit' in America: A Warning Shot Against Globalization ... The Dow Jones industrial average finished down over 600 points after the vote results became known ... What's far more worrisome is whether Britain's decision represents an end to the economic integration and opening [of] the last few decades. - New York TimesDid we ever think we would see the day when the New York Times would willi...Read More
Gold faces own headwinds after Brexit shock ... Analysts question whether bullion can rise further after solid gains already this year ... As the UK voted to leave the EU, the only people celebrating more than Brexit politicians were a clutch of small brokerages that benefit when the world gets a little more volatile: bullion dealers that offer gold coins and bars to retail investors. -Financial...Read More
Britain and the EU A tragic split How to minimise the damage of Britain's senseless, self-inflicted blow ... HOW quickly the unthinkable became the irreversible ... By the early hours of June 24th, it was clear that voters had ignored the warnings of economists, allies and their own government ... -EconomistThe Economist thinks the victory of Brexit is a tragic split. But they're wrong. They are...Read More
Britain and the EU A tragic split How to minimise the damage of Britain's senseless, self-inflicted blow ... HOW quickly the unthinkable became the irreversible ... By the early hours of June 24th, it was clear that voters had ignored the warnings of economists, allies and their own government ... -EconomistThe Economist thinks the victory of Brexit is a tragic split. But they're wrong. They are...Read More
Brexit: What happens now? ... David Cameron announces he will step down as PM by Oct ... Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. Mr Cameron made the announcement in a statement outside Downing Street after the final result was announced. He said he would attempt to “steady the ship” over the coming weeks and months. -BBC...Read More
Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. -FPThe husband of State Dept. political agitator Victoria Nuland is raising money for Hillary.According to Foreign Policy, Robert Kagan, co-fo...Read More
Donald Trump’s much-anticipated speech attacking Hillary Clinton Wednesday seemed more designed to reassure the candidate’s Republican base than to broaden his appeal to independents or Democrats. The fact is Trump raised valid questions about Clinton’s foreign policy positions, fund-raising practices and email quandary — but he did so in his vintage over-the-top fashion,...Read More
Do the Experts Know Anything? ... This has been a terrible day for experts. Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts — at least if one uses prediction markets as a proxy — was that voters would in the end decide to stay in the EU. Didn't wor...Read More
Brexit: What happens now? ... David Cameron announces he will step down as PM by Oct ... Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. Mr Cameron made the announcement in a statement outside Downing Street after the final result was announced. He said he would attempt to “steady the ship” over the coming weeks and months. -BBC...Read More
Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. -FPThe husband of State Dept. political agitator Victoria Nuland is raising money for Hillary.According to Foreign Policy, Robert Kagan, co-fo...Read More
Donald Trump’s much-anticipated speech attacking Hillary Clinton Wednesday seemed more designed to reassure the candidate’s Republican base than to broaden his appeal to independents or Democrats. The fact is Trump raised valid questions about Clinton’s foreign policy positions, fund-raising practices and email quandary — but he did so in his vintage over-the-top fashion,...Read More
Do the Experts Know Anything? ... This has been a terrible day for experts. Economic professionals were overwhelmingly of the opinion that leaving the European Union would hurt the United Kingdom. And until a few hours ago, the consensus of public opinion experts — at least if one uses prediction markets as a proxy — was that voters would in the end decide to stay in the EU. Didn't wor...Read More
On November 11, 1947, Winston Churchill, then ex-Prime Minister of the United Kingdom, rose to speak at a debate in the House of Commons:"Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise.Indeed, it has been said that democracy is the worst form of Government except all those other forms that have been tr...Read More
Donald Trump’s Latest Distortions on Hillary Clinton ... A look at Trump's assertions about Clinton on Wednesday and how they stack up with the facts ... Donald Trump's fierce denunciation of Hillary Clinton on Wednesday was rife with distortion. -AP/FortuneThis article by the AP posted at Fortune attempts to counteract distortions in yesterday's speech about Hillary Clinton by Donald Tr...Read More
Why the Fed’s Stress Tests Aren’t Credible ... For the sixth year in a row, the U.S. Federal Reserve is conducting stress tests to see whether the country’s largest banks can withstand a severe crisis. If only the results, to be announced this week and next, were more useful. -BloombergFederal Reserve stress tests for banks are a fantasy.They don't address contagion, for one th...Read More
The Federal Reserve Says U.S. Stocks Are Overpriced ... It's the starkest warning yet under Chair Janet Yellen. The Federal Reserve on Tuesday delivered its starkest warning yet under Chair Janet Yellen that by its assessment U.S. stocks are pricey. "Forward price-to-earnings ratios for equities have increased to a level well above their median of the past three decades," the Fed's twice-annua...Read More