Monthly Archives: April 2025

POTD: Tariff Rhymes

POTD = Picture of the Day Source: FT

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Global Risk Monitor: Weekly Update – April 18

Happy Easter, folks! The Trump administration’s tariff strategy continues to function less as a deliberate trade policy and more as a volatile, reactionary experiment. Markets are grappling with a growing realization: there is no unified objective anchoring current U.S. trade … Continue reading

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S&P 500 Key Levels – April 15

Happy Jackie Robinson Day!  What a great American.  The rebound in the S&P 500 has thus far stalled at a key technical level—specifically the 50% Fibonacci retracement of the current correction from the recent highs, which stands at 5491.24. Today’s … Continue reading

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China Has Many Options – Roubini

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Masters Week: Jack and German POWs (BFTP)

BFTP: Blast From The Past Originally Posted on April 8, 2013 Answer to yesterday’s Masters quiz question: Anthony Kim posted 11 birdies in the second round of the 2009 Masters. German WWII POWs Here’s some more 19th hole fodder to … Continue reading

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Global Risk Monitor: Weekly Update – April 11

The United States’ current tariff regime reveals not a strategic plan but an erratic response to market volatility, suggesting a governing philosophy resembling reactive day trading more closely than structured economic policymaking. As the week’s developments show, the absence of … Continue reading

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COTD: Chinese Imports

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Howard Marks on Free Trade

Must view, Folks.

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Global Risk Monitor 2.0: Week In Review – April 4

Our earlier GRM post mistakenly included data tables from the week of March 28th.  Here are the up-to-date April 4th tables.  The U.S. Administration’s tariff policy represents a critical policy error that has upended financial markets and raised the specter … Continue reading

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Breaking News: Making America Great!

Meanwhile on Saturday — as traders and executives across Wall Street and corporate America were still reeling from the market mayhem — White House aides issued an announcement: Trump had won the second round of the Senior Golf Championship at … Continue reading

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