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CHINA: YOU WANT A TRADE WAR, BRING IT ON

CHINA: YOU WANT A TRADE WAR, BRING IT ON

The impact that trade wars are having on the flow of billions of dollars of goods and central banks’ monetary policy around the globe appears to have jumped out of the frying pan and into a fire at the town square, as the following chart is a sign that global trade is...
QE Forever: A Lesson in Insanity

QE Forever: A Lesson in Insanity

The classic definition of insanity is doing the same thing over and over and expecting a different result. As such, we’ve long determined that central bankers aren’t working with a full deck. Their willingness to engage in quantitative easing, or QE for any fiscal...