A great discussion of China's market ramp and its sustainability with Peter Lewis and Enzio Pfeil- everything from culture to Hayek Read More

The Russian budget points the way to the increasing un-sustainability of the war for Moscow beginning 2025. The war does not matter to markets now. But it would if it ended. The peace dividend would be high. Read More

Why China's big Bazooka is creating a feeding frenzy in markets but will fail economically. Read More

Harris more likely to win. Middle East why further Israeli escalation will not provoke Iranian reaction? What do Ishiba victory & coming elections mean for Asia? Ukraine whither now that Zelensky's visit to the US and the Peace plan has failed? China: why the big baz... Read More

Mind the gaps between hopes and realities to come. Here are 5 gaps between investor assumptions and likely outcomes that underpin a bear market next year Read More

Leadership matters in Japan with the biggest impact being on regional security Read More

The Fed too much too early and China the Great Leap Backwards?? Read More

Why the Barnier government will make matters worse for France, the economy and Europe. Read More

The US Fed's "Jumbo" 50bp cut in fed fund rates to 4.5% to 5% was not what the well balanced economy needed. It is a step into monetarist populism by the central bank. It unwarrantedly biases Fed policy towards unemployment. . It gives the wrong signal as to where the equilibrium... Read More

IN the short term the Fed and the ECB will cut policy rates by 25 bp - no jumbo cuts, Over the easing cycle the ECB will have to cut policy rates more and for longer than the Fed. The EU is entering a period of secular economic decay. The Draghi report speaks not just to the US... Read More