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Washington Post (March 10)

2020/ 03/ 11 by jd in Global News

The lack of candor “is now causing confusion and panic as Trump and his political lieutenants paint a picture of the spreading coronavirus that is utterly at odds with what the nation’s public health experts are saying…. As global markets plunged on Monday and the virus continued its inexorable spread, Trump continued comparing the virus to the ‘common Flu,’ during which ‘nothing is shut down.’”

 

Financial Times (September 20)

2019/ 09/ 22 by jd in Global News

“Shock and confusion” resulted when overnight repo rates soared to 10%. The Fed was able to calm markets, but the situation is a reminder. “The more that QE (and its partial reversal) reshapes global finance, the greater the risk that the cogs in the machine unexpectedly misfire. That is no reason to panic. But central bank pilots—like investors—are learning on the job. Better hope they stay completely alert.

 

Washington Post (May 30)

2018/ 06/ 01 by jd in Global News

“Sudden policy shifts are amplifying an air of unpredictability that the president has said gives him an edge at the bargaining table, even as U.S. trading partners complain that it erodes American credibility. Adding to the confusion are divisions among Trump’s trade advisers and complaints from members of Congress, who fear that the president may be stumbling into a costly multi-front trade war.”

 

The Guardian (May 13)

2018/ 05/ 14 by jd in Global News

“The American president has thrown into confusion old alliances and imperilled Middle Eastern peace.” His “stark rejection of the multilateral 2015 nuclear deal with Iran poses complex and momentous challenges for Europe, and the UK in particular. This reckless US action upsets the geopolitical furniture in troubling ways. The European democracies now find themselves at odds with their principal ally on an issue of fundamental importance to their security and to peace in the Middle East. By insisting they will uphold the Iran deal… European countries have embarked on a collision course with Washington.”

 

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