Introduction The overwhelming view of financial sector and media is that banks have made strong recoveries from the problems of 2007-9. Earnings are resilient, share prices strongly up in 2024, and 2025 should be another good year. But closer analysis …
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Blaming China for America’s economic woes has become a bipartisan habit, and shipbuilding is the latest target. In 2024, U.S. …
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Introduction In previous newsletters we looked at the Brexit Re-set, US tariffs, and unconvincing responses to high government debt. Now …
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In May, we examined how the quality of Chinese exports—as measured by the Economic Complexity Index (ECI) developed by Harvard’s …
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For the first time in over a decade, momentum is building in the United States to raise the federal minimum …
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The United States has accused China of leveraging an unfair advantage in trade relations and is threatening the imposition of …
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Introduction The scale and servicing cost of government debt are both rising. This will increase the amount of money that …
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WP 2025-05. Executive Summary The temptation to rely on findings from behavioral economics to condition human behavior has given rise …