Why do people compare COVID with war, and why is that wrong? In #Italy, partly due to the fact that the present #COVID tzar is a military man, some people in the ruling classes have started uttering that “Covid is like a war”.…
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Biden’s conundrum between economics and politics
Over the last couple of weeks, the Fed has managed to keep the S&P 500 elevated and close to 4000, despite the bond vigilantes beginning to flex their muscles. This turbulence may soon be over, wherein you could see the Fed…
A range bound Dollar is more likely
Bullish US$ capped at 93-95 DXY · US vaccine distribution has surpassed every modernized nation (except the UK) · US Fed/Treasury actions would want to limit the perception of failing dollar · US Fed/Treasury actions to improve its purchasing power in order to…
The Crisis that never was – An Italian perspective
By: Giovanni Ponzetto Covid notwithstanding, I believe that the authorities do not yet appreciate the extent of the crisis now facing the EU…..they will, but we are not there yet. One of many things about Europe that irritates me, during…
News in Brief
Trump at CPAC Trump makes his first political appearance at CPAC Feb 28. Fresh off impeachment 2.0 “victory”, Trump looks to make his political future a bit clearer in Orlando this weekend. The realization by Nikki Haley, Mitch McConnell and other GOP…
A former ally takes on Macron
It was a key, decisive moment for Emmanuel Macron when Francois Bayrou teamed up with him during the presidential election campaign in 2017. Bayrou, the eternal bridesmaid in French politics, gave up his own candidacy to back Macron, who was…
The Anglosphere holds the key to the future of international relations and the macro reconfiguration
As George Orwell so sagely put it, “to see what is in front of one’s nose needs a constant struggle”. Sadly, this is a battle most political risk analysts are in danger of losing. For, in obsessing about the unicorn…
Italian political crisis: likely outcomes
1. The reasons we have had the two successive Conte governments is that at no time since the previous general elections, polls have credibly indicated a parliamentary outcome conducive to a “suitable” successor to Mattarella in a snap election. The post…
Biden’s Biggest Decision
Joe Biden’s new administration faces a murderers’ row of hard decisions on everything from controlling the Southern border to dealing with Iran. But one choice dominates all of them: Does Biden intend to govern from the center-left or to make…
Brief: The Fink-Powell Fed Making Trump’s Market Irrelevant
Eyes opened when the news came out that Steve Mnuchin had requested the Fed return unused stimulus money. Money that Powell and Fink have used to artificially boost the market, making Trump’s declarations that he was the sole person responsible…