Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Morgenson cautions us on hopes for recovery in the banking sector
Roubini wonders if whether the recession will be "W-shaped" or "U-shaped".
Muenchau writes about a recent study on the role of securitization in the crisis. This has been studied a lot, but I think Munchau's conclusion, that "we should be worrying a lot more about global economics right now than about global finance" is spot-on.