Daily Archives: Jan 8, 2021 at 08:56 pm EST

The Post-Trump Era Is About To Begin—Buckle Up

President Donald Trump will leave the White House on Jan. 20, perhaps sooner if growing efforts to unseat him in the remaining days of his presidency come to fruition. Whatever happens over the next two weeks, the economic and social forces that helped elect Trump aren’t going away. In fact, there’s a distinct possibility that those forces will strengthen and broaden in the months and years ahead. In turn, political and economic uncertainty may increase, in ways that have yet to be fully understood or recognized.

Continue reading

Macro Briefing: 8 January 2021

* Trump says he will prepare for Biden administration to take power
* Democrats moving toward second Trump impeachment
* Calls increase for Trump’s resignation after Capitol chaos
* US foes eye opportunity to exploit US political chaos
* US envoy to UN to visit Taiwan, a trip that will anger China
* Sharp slowdown expected for today’s December US payrolls report
* US trade deficit reached a 14-year high in November
* Tesla’s Elon Musk becomes world’s richest person
* Eurozone unemployment unexpectedly ticked down to 8.3% in November
* US ISM Services PMI edged up in Dec, reflecting solid rate of expansion
* US jobless claims remained unusually high last week