The Trump Billionaires Who Run the Economy and the Things They Say
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
Trump and Rubio Signal US on Verge of Halting Ukraine Peace Negotiations | naked capitalism
Yes, it’s unseemly to say, “I told you so.” But it was remarkable to see most (one might say pretty much all) commentators on the Ukraine war beat go gaga…
Come-Gimme! Why Do We Shrug When Apes Cross the Language Barrier? | naked capitalism
Yves here. Perhaps one answer to why researchers are underwhelmed by the linguistic accomplishments of apes is that, as fellow primates, we set unduly high expectations for them. Another might…
Tariffs, the Dollar, and Equities: High-Frequency Evidence from the Liberation Day Announcement | naked capitalism
Yves here. During the Trump-tariff-induced market upheaval, eyes were first on equities in many markets around the world and then on Treasuries. What got by comparison passing mention, as opposed…
Trump Back on Track to Failed Iran Negotiations and Likely War | naked capitalism
We said before the indirect negotiations between Iran and the US in Oman last Saturday that an agreement was unlikely. Statements by Trump’s chief negotiator Steve Witkoff as well as…
Tariffs will hit US economy and raise prices – Federal Reserve Chair Jerome Powell
US economic growth will be hit and prices will rise for consumers as a result of new tariffs on goods entering the country, the head of America’s central bank has…
‘Only Hellfire’: Israel Says Lifesaving Aid, Troop Withdrawal Off the Table for Gaza | naked capitalism
Yves here. It seems inadequate to simply keep chronicling the atrocities Israel continues to commit in Gaza. Far too many brave and ethical souls, from medics to journalists to aid…
Trump’s Tariffs Just Torched His Own Energy Agenda | naked capitalism
Yves here. We, like many others, have described how Trump’s economic policies are rife with contradictions. The impact of tariffs on his prized LNG ambitions are a prime example. By…
‘You Don’t Need a Tariff, You Need a Revolution’ | naked capitalism
Yves here. While Tom Neuburger is correct in pointing out that our now worse-than-1788-France-levels of inequality call for a revolution, he skips over the fact that we are in the…
More on DOGE’s Fraud and Destruction | naked capitalism
While you’ve been distracted by Trump bringing the WWE to the world stage via tariff body slams leading to market knockouts, the end of due process thanks to doubling down…