Twelve Days of Insight The Wall Street Journal’s James Mackintosh points out that business leaders, including those at the Davos World Economic Forum last week, are betting two to one odds that Donald Trump will win reelection later this year. This is in sharp contrast with the political facts. The President’s numbers indicate someone with high negatives and minimal support numbers. His actual opponent is still unknown. If it is Joe Biden, group think might lower Mr. Trump’s odds, if the Democratic nominee turns out to be Bernie Sanders or Elizabeth Warren, the calculus of business confidence ought to be shaken. Either way, the political calendar over the next few days could become informative.
Policy Prescriptions on...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
