Democrat Schism on Trans-Pacific Partnership
Despite broad support from mainstream economists, the Trans-Pacific Partnership deal is losing political support in America. President Barack Obama has doubled down on the deal, announcing his intentions to pass the legislation and his hopes that both the Senate and...
Could Space Be The Next Frontier For Super-Wealthy Investors?
Arguably, the most famous astrophysicist in the world, Neil DeGrasse Tyson, has posited that the first private trillionaires in the world will make their money by exploiting the endless resources of space. These comments came during an interview with CNBC...
Grading Japanese PM Abe’s U.S. Visit
Prime Minister Shinzo Abe’s US visit was, overall, a success. His meeting with President Obama and his Congressional speech created the impression of a leader who is capable of delivering. During his visit to the US two years ago, Abe...
The U.S. Jobs Report, U.K. Election and Less Pessimism Over Greece
The beginning of a new month starts the usual cycle of economic data. Among these, only the US employment report is significant. A weak report would not only rule out a June hike by the Fed, but would call a...
A Ring-Side Seat for a Lesson in Economics
Photo: Kobby Dagan / Shutterstock.com Photo: Kobby Dagan / Shutterstock.com When Floyd Mayweather and Manny Pacquiao meet at the MGM Grand in Las Vegas for their long-awaited fight on May 2, it is expected to be the highest grossing boxing match in...
The Ideology of the Islamic State as a Brand
John Bartle, Nigel Bogle and John Hegarty were the mad men of the 1980s. Their BBH ad agency was the marketing genius behind Levi’s jeans, Audi cars and Lynx male deodorants. John Bartle, Nigel Bogle and John Hegarty were the...
Vietnam’s Slow, Uneven, March Toward Democracy
Since the mid-1990s, public criticism of the Communist Party of Vietnam (CPV) government has expanded to involve thousands of citizens across the country. From this ferment of criticism numerous individuals, networks and organisations have emerged that oppose the present regime...
What’s in a Name? Ask China about Taiwan’s AIIB Membership Potential
Taiwan has unsurprisingly been rejected as a founding member of the China-proposed Asian Infrastructure Investment Bank (AIIB). Standing outside the AIIB tent may not be a bad thing for Taiwan. It offers the Taiwanese government a chance to observe the...
The Week in Review: Europe Growth Stalls, U.S. Consumer Spending Rises
A number of economic indicators suggest a surprise slowdown throughout Europe, while American spending doubles but remains pressured by moribund wage growth. This week the UK announced that its economy had risen by only 0.3%, a decline from the previous...
Asymmetric Dollar Trading Speaks to the Current Market Psychology
The broad-based dollar sell-off this week has considerably narrowed. The dollar's losses have become move concentrated in the post-FOMC sessions with just the euro sustaining the momentum and extending this week's gains. The broad-based dollar sell-off this week has considerably...
What Does One Do When Sanctions Do Not Work?
Economic sanctions and divestment campaigns are attractive but often flawed tactics for accomplishing international political goals. The social stigma the campaigns create often fails to match the economic pain these campaigns inflict, making the costs of resisting them for governments...
Oil Sector Job Loss Spillover Effects are Unknown
Outside of an individual's oil stock holdings, damage to the economy from the fall in oil has been pretty minimal so far. Indeed, the price cut in home heating oil and gasoline has probably outweighed the damage from lower oil...
Consumer Spending Ticks Upward, Jobless Falls to 15-year Low
Consumer spending rose by the largest amount in nearly half a year even as incomes remain stagnant. According to a new report by the Commerce Department, consumer spending rose 0.4% in March, which is double the February rate. While a...
The United States Creeps Closer to ‘Normalized’ Monetary Policy
One of the most important forces shaping the investment climate is that the US is closer to beginning to normalize monetary policy than other major countries and regions. That gap may be measured in years, not months or quarters, and...
Helping Consumers Make the Right Choice with a ‘Nudge’
Consumers today have easy access to a wide range of products and services. The task of choosing between hundreds of products or packages each having dozens of different fees however, is the opposite of easy. Consumers today have easy access...