If President Trump wants to bring the economy quickly back to full employment, he will have to confront the Establishment wing of his Republican party. The clash – if it comes – will be over Establishment Republican hostility to government spending. More spending will be needed to bolster an economy staggering under the blows of . . .
Anatole Kaletsky has a thoughtful and persuasive piece (paywall) in Barron’s magazine on why global stock markets have a good deal more room to rise: ‘Four Reasons Why the Bull Market Has Far to Go’.
First, the world economy is finally swimming into a fabled ‘sweet spot’, with simultaneous, reasonably . . .
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