French Trade Unions Announce Massive Strike For Tuesday, October 18
ER Editor: While anyone with half a brain wouldn’t trust French unions as far as they could throw them, there is a sense of ‘at last!’ in this announcement. Particular pay claims on behalf of energy workers IN JOBS (there are healthcare workers who still can’t work and can’t get unemployment insurance) may get drowned…
No Trade Is Better Than a Bad Griner Trade
The Biden administration should look for other avenues to first bring home accused spy Paul Whelan and then Brittney Griner.
Portland to Ban Texas Travel and Trade to Protest New “Heartbeat” Abortion Law
Portland City Council is moving to ban travel and trade of goods and services from Texas to protest the Lone Star state’s new “heartbeat” abortion law. The “heartbeat” law will effectively outlaw abortions in the state after 6 weeks and also gives any citizen – including those outside Texas – the right to take legal action against…
Trump's China Trade War Cost Up To 245,000 American Jobs: Study
Authored by Dave DeCamp via AntiWar.com, A new study estimates that President Trump’s trade war with China caused the loss of up to 245,000 American jobs. The study from the US-China Business Council (USCBC) and Oxford Economics said a moderate reduction of tariffs on both sides could lead to an additional 145,000 US jobs and an…
The 2021 Reflation Trade In 6 Charts
In case you needed further convincing that the reflation trade is still on (other than this morning’s futures rally on a jobs number miss, as the market continues to expect more stimulus), Reuters published a great piece on Friday morning highlighting what the reflation trade actually looks like. First, it points out the obvious: the…
These Are The Biggest Risks To Lasting Brexit Trade Peace
EU nations unanimously backed the deal worked out by negotiators from London and Brussels, a sign that the last-minute deal – the text of which was released on Saturday – is on track to become binding international law. Or at least, so one might think. Brussels bureaucrats (along with a chorus of sell-side analysts covering…
There Are Three Things That Can Kill The “Perfect Reflation Trade”: Lessons From Two World Wars
By Michael Every of Rabobank Merry Christmas, War is Over(?) – A strategic/tactical view of the reflation trade “So this is Christmas; And what have you done?Another year over; And a new one just begunAnd so this is Christmas; I hope you have funThe near and the dear one; The old and the youngA very…
London & Brussels Agree To One Last Round Of Trade Talks As Optimism For A Deal Sours
Despite Boris Johnson’s insistence that the round of post-Brexit trade deal talks that wrapped up late last week would be the end of the line, finally, after more than three years of extremely tedious negotiations – first, to establish post-withdrawal ‘transition’ period/framework for future trade talks (the transition period officially ends Jan. 1), then to…
Biden Will Preserve Trump’s China Tariffs & Trade Deal As “Rapid Reset” Of Relations Looks Unlikely
Joe Biden just confirmed that President Trump has forever altered the American foreign policy framework – once dominated by a pro-free trade bipartisan consensus closely guarded by the deep state – by confirming that he will not immediately move to scrap the ‘Phase 1’ trade deal or – and this is critical – move to…
Horseman: “The Bond Bull And Commodity Bear Markets Are Over” – Here’s How To Trade It
After a remarkable start to the year, surging almost 30% when all other funds were tumbling, the fund formerly known as Horseman Global until its recent purchase by CIO Russell Clark (hence its current name Russell Clark Investment Management), has had a turbulent seven months, at one point in the summer even forcing the famously…