Tweet War

Since Trump’s tweets last Sunday threatening to impose new tariffs on China, the stock markets have fallen from levels close to their all-time highs, with the S&P 500 down 3.5% in  the week. Although both technical factors and the volatility due to being in the middle of the earnings season may have had some influence, … Continued

End-of-cycle anxiety

The current economic expansion in the US is only five months away from being the longest ever recorded. And with unemployment near historic lows, and consumer and business confidence showing great strength, it is difficult to foresee an imminent derailment of the US economy. However, human minds function largely on the basis of anticipation, and … Continued