Trump does not think like a president, he thinks instead like a speculator.
Trump says this pain is necessary to force China to change its behavior. But such an approach is unlikely to bring drastic gains.
Trump’s march into a trade war is ... reminiscent of military adventures by ... presidents who got their country into a no-win situation with misguided strategy.
He has already demonstrated how unpredictable he can be in the conflict with North Korea. Many observers believe that Trump has become a burden on financial markets.
Thomas Piketty would probably not deny this picture. The inequality gap is also widening among the large international groups where a few stock exchange giants are seizing power. All we need to do to be convinced is to look at the top 100 global earning rankings set each year by PricewaterhouseCoopers (PwC). What can [Read more]
No, the return of the NASDAQ to its Himalayan peak of 2000 is not the symbol of a new bubble of tech stocks. It's very tempting to see in this return to astronomical levels proof that investors have once again lost their minds. That would be a mistake. For in 15 years everything, or almost everything, has changed.