Search Results for: potemkin

“Phase 1” Of Potemkin Trade Deal Signed, Sealed, And Yet To Deliver

Posted on January 15, 2020 by macromon

We have been busy collecting bets on the outcome of the U.S.-China Trade Deal. We never believed for one moment that China would cave on any of the big issues, such as restructuring its economy and any deal would be … Continue reading →

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Another Potemkin Trade Deal

Posted on October 10, 2019 by macromon

Chalk up another meaningless, photo-op trade agreement with the recent U.S.-Japan Trade Agreement.   The country and, especially, American farmers would have been much better off staying in the Trans Pacific Partnership (TPP). The Japan deal is just another Potemkin trade … Continue reading →

Posted in Trade War, Uncategorized | Tagged | 5 Comments

IMF Analysis Of Nafta 2.0 = Potemkin Trade Deal

Posted on March 29, 2019 by macromon

Summary IMF published a working paper on NAFTA 2.0 or the USMCA on March 26th The trade deal still needs Congressional approval The impact on GDP is negligible and the effects are relatively small at the aggregate level Trade is … Continue reading →

Posted in Mexico, Trade War, Uncategorized | Tagged , , | 9 Comments

Potemkin Trade Deals

Posted on March 28, 2018 by macromon

What a farce. Why not just negotiate an increase in Korean imports of American flying cars and call it a victory?  Nothing here.  Move on. South Korea, meanwhile, negotiated a permanent steel-tariff exemption in exchange for allowing additional U.S. auto … Continue reading →

Posted in Economics, Geopolitical, Uncategorized | Tagged , , | 28 Comments

Mike Trout Doubt’s America’s False Choice

Posted on July 5, 2020 by macromon

We have always maintained that to reopen the economy was a false choice unless the public had confidence the virus had been contained. The U.S. is losing control of the COVID crisis due to the colossal failure of leadership by … Continue reading →

Posted in Coronavirus, Uncategorized | Tagged , , , | 1 Comment

The Plan Is, There Is No Plan

Posted on April 21, 2020 by macromon

None, nada, just more Potemkin noise, the hallmark of this administration, coupled with massive gaslighting.  It’s up to the Governors now to get it right and land the plane. The Trump campaign strategy now seems to be keep whiping up the … Continue reading →

Posted in Economics, Policy, Politics, Uncategorized | Tagged , | 7 Comments

Welcome To The Forever Trade War

Posted on November 18, 2019 by macromon

Are you surprised?  We’re not (see our repost below). Mood in Beijing about #trade deal is pessimistic, government source tells me. #China troubled after Trump said no tariff rollback. (China thought both had agreed in principle.) Strategy now to talk … Continue reading →

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China Still Looking For A Rollback

Posted on November 9, 2019 by macromon

We posted our,  Roll back: The Verb China Is Looking For,  two months ago and China is still looking for a rollback on some of the tariffs that have already been implemented. What President Trump said is not what the markets expect. But … Continue reading →

Posted in China, Trade War, Uncategorized | Tagged | 2 Comments

Enter The Selling Zone 2.0

Posted on October 25, 2019 by macromon

It’s that time again. No, not the now annual October fires in California (helluva a Chinese hoax, btw) we’re running from but the S&P moving into the selling zone. We are reposting a piece we published on the very day … Continue reading →

Posted in Equity, Uncategorized | 18 Comments

“Deals Galore” Coming This Fall

Posted on September 13, 2019 by macromon

D Looks like the “Fab Four” – China, North Korea, Iran, and the Taliban — are queuing up just as we wrote about earlier this week, Deals Galore?  We also wonder if the Administration is on the verge of a … Continue reading →

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