Trump's plan. Same old same old, only more so...

This week Phil and Steve talk about the staggering accumulation of capital, which has ratcheted up since the pandemic. In the US the top 0.1 percent of companies hold 88 percent of all corporate assets. In 2017, the top 10 S&P companies accounted for 20% of the market cap of all ...  Show more

This week Phil and Steve confront the mathematical and environmental reality of a "zero growth" future, sparked by a debate over the deflationary traps of finite currency systems like Bitcoin. Steve thoroughly dismantles standard neoclassical theories of "decoupling"—the fantasy ...  Show more

Just a few weeks ago, US President Donald Trump was ready to levy tariffs on basically every nation. Today, many of those tariffs have been paused or tempered. Additionally, this week he promised he will not be firing Federal Reserve chair Jay Powell, despite his earlier criticis ...  Show more

As president, Donald Trump presided over a good — sometimes great — economy. But his proposals are unnerving business leaders this time around. The Washington Post’s Heather Long and Economist columnist Henry Tricks on the Tariff Man’s Tariff Plans. This episode was produced by M ...  Show more

President Trump ran for president on three promises: He'd build a wall on the Mexican border, repeal Obamacare, and overhaul the nation's tax system. And approaching the 2020 election, Trump's only accomplished one of them — and even that didn't live up to the hype.

"It ...

Our Global Head of Fixed Income and Thematic Research explains why President-elect Trump’s proposed tariff plans may look different than the policies that are ultimately put in place.

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Welcome to Thoughts on the Market. I ...