Category Archive: 5) Global Macro

Peak Policy Error

Another economic discussion lost to the eventual coronavirus pandemic mania was the 2019 globally synchronized downturn. Not just downturn, outright recession in key parts from around the world, maybe including the US.

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Why America Decays: The Tyranny of Self-Interest

Only those societies which still have a functional public interest / common good will survive; those ruled by the tyranny of self-interest will fall. I've discussed the moral rot consuming the American Project in blog posts and my books.

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War in Ukraine: how has the world changed? | The Economist

Itโ€™s been more than three months since Russian tanks rolled across the border into Ukraine. The global impactโ€”from the isolation of Russia to the hit on the world economyโ€”has been far-reaching. Our experts explain how the invasion has fundamentally changed the world for the foreseeable future. 0:00 - The Ukraine war: three months that shook the world 0:45 - In what ways has the world been affected? 2:54 - Russiaโ€™s struggles in Ukraine 4:18 -...

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Weekly Market Pulse: Is The Bear Market Over?

Stocks had a rip snorter of a rally last week and a lot of people are pondering the question in the title over this long weekend. The S&P 500 was down 20.9% from intraday high (4818.62, January 4th) to intraday low (3810.32, May 20th). From that intraday low the market has risen 9.1% in just six trading days.

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Inventory Flood Continues Just As Consumers Tap Out

If it continues to play out the same way, it would be all the worst scenarios lumped together all at the same time. A real unfortunate convergence, yet one that has been entirely predictable. Consumers reaching their absolute spending limits.

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Russia scraps upper age limit for military recruits | Law to bring in technical specialists

Russia has abolished the upper age limit for military service in the country. The new law eliminated the age limit for both Russian citizens and foreigners of working age.

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Russia-Ukraine Crisis: Russian FM Lavrov calls Ukraineโ€™s Donbas an โ€˜unconditional priorityโ€™

The โ€œliberationโ€ of Ukraineโ€™s Donbas region is an โ€œunconditional priorityโ€ for Moscow, while other Ukrainian territories should decide their future on their own, Russian Foreign Minister Sergei Lavrov said in an interview on Sunday.

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European leaders urge Putin to hold โ€˜direct negotiationsโ€™ with Zelensky

Russia's military offensive in Ukraine continues. French President Emmanuel Macron and German Chancellor Olaf Scholz held a three-way telephone conversation with Vladimir Putin urging the Russian leader to hold direct and serious negotiations with his Ukrainian counterpart Volodymyr Zelensky .

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Livelihoods in a Degrowth Economy

The sooner we start preparing for degrowth, the better off we'll be. A Chinese proverb captures this succinctly: By the time you're thirsty, it's too late to dig a well. Let's consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to Degrowth.

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โ€˜Unconscionably Excessiveโ€™ Denial

What would โ€œunconscionably excessiveโ€ even look, legally speaking? More to the issue, who gets to decide what constitutes โ€œexcessive?โ€

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Ukraine invasion: Russia blames West for food crisis | International Headlines | World News | WION

The collateral damage of the Ukraine war has been huge with the conflict now crossing the four-month mark. The ramifications of the war is hard to ignore, it's not just Ukraine or Russia, the effects of the war have spilled beyond the borders thus making it now a global crisis.

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Gravitas: China and Russia draw battle lines for Quad

During the Quad summit on Tuesday, China and Russia conducted a joint military drill. The US says the military exercise was planned in advance. Japan has called the drills a provocation. Palki Sharma tells you how Russia & China are challenging the Quad.

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Is It Being Demanded?

Shipping container rates have been dropping since early March โ€“ right around the time when we had just experienced our โ€œcollateral daysโ€ and then stood by to witness chaotic financial fireworks, inversions, the whole thing.

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Whatโ€™s a war crime? Can Russia be persecuted after Ukraine invasion? | WION Originals

A Russian soldier was recently given life sentence after he pleaded guilty during the first war crimes trial in Ukraine after the onset of Russian invasion. But what is a war crime and can Russia be persecuted after Ukraine invasion? #Russia #Ukraine #WIONOriginals #WarCrime About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to...

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EU President Von Der Leyen says Russia is using food supplies as war weapon | World Economic Forum

In a special address at the World Economic Forum Annual Meeting 2022, European Commission President Ursula von der Leyen denounced Russian aggression and its use of food supplies as a war weapon.

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Hong Kong Stocks Pivot Euro$ #5

The stock market hasnโ€™t been moneyed; well, US equities, anyway. What do I mean by โ€œmoneyed?โ€ Common perceptions (myth) link the Federal Reserveโ€™s so-called money printing (bank reserves) with share prices.

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Mariupol – Azovstal steel plant: Watch devastated plant after fight between Russia, Ukraine



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RRP (use) Hits $2T, SOFR Like T-bills Below RRP (rate), What Is (really) Going On?

You might not know it, but front-end T-bill yields are not the only market spaces which are making a mockery of the Federal Reserveโ€™s โ€œfloor.โ€ There are others, including the same money number the same Fed demanded the world (or whatever banks in its jurisdiction it could threaten) ditch LIBOR over.

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China in Africa: should the West be worried? | The Economist

In the past 20 years, China has built ever closer bonds with African nations. It has spent billions transforming infrastructure across the continent, and extending its influence into politics and society. It even placed its only overseas military base there. How worried should the West be? 00:00 - China in Africa: should the West be worried? 00:50 - The start of the relationship: transforming Africaโ€™s infrastructure 02:49 - Africaโ€™s diplomatic...

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Russia-Ukraine Crisis: Moscow tries to encircle Ukrainian troops in Donbas | Latest English News

Russia intensified its attacks on Ukrainian forces in eastern Ukraine, attempting to capture the Donbas region exactly three months after President Vladimir Putin ordered his troops to invade Ukraine.

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