US economic policymaking
Is the US dollar’s era of exorbitant privilege ending?
The Trump administration wants a less globalised economy and a still pre-eminent greenback. Getting both won’t be easy
Envisioning the Mar-a-Lago Accord
The proposed deal to weaken the US dollar would amount to a reordering of the international monetary system
The Fed must resist repeating past mistakes
Markets have been trained to expect lower rates at the first sign of volatility. Powell mustn’t give in to temptation.
The coming US recession will be self-inflicted
The looming economic contraction will be unique in post-war America as the first directly caused by White House policy
Ford is as American as apple pie. Or is that Honda?
The purity test for what counts as a US manufacturer in Trump’s trade war sets up a spiral towards absurdity in the auto sector
Is Trump engineering the decline and fall of the US dollar?
There are fundamental flaws in the US administration’s vision for weakening the greenback
Rescuing America’s economy from Trump
Under Donald Trump, the US could soon find itself in a position analogous to post-Brexit Britain. The US president himself needs a regent, similar to the role Howard Baker played under Ronald Reagan.
Tariffs on goods may be a prelude to tariffs on money
Capital inflows could be the Trump administration’s next target
Is this dotcom bust 2.0?
History shows how difficult it is to spot the exact moment that markets turn
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spirits
