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Market Outlooks
Weekly Macro Update: Groundhog or Canary?
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The recent market gyrations look more like an entertaining sideshow, but it’s worth asking when they might be a signal of something worse.
Policy and Regulatory Commentary
Assembling a Cabinet
One week after his inauguration as the 46th President of the United States, the Senate has confirmed four of Joe Biden’s cabinet picks.
Market Outlooks
Weekly Macro Update: The Best Way to Get a Car Out of a Ditch
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And how investors should judge the next round of government spending.
Policy and Regulatory Commentary
The First Twenty Four Hours (Or So)
In just a few hours, Joe Biden will become the president of the United States. Today’s inauguration ceremony will not look like ceremonies past, though the day did begin with President-elect Biden attending church services, a tradition carried out by many previous presidents.
Market Outlooks
Weekly Macro Update: An Investment Scorecard for the Biden Administration
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History will judge him on many dimensions, but what can investors reasonably expect that will improve the value of USA Inc.?
Policy and Regulatory Commentary
Both Parties Have Issues With Section 230
Earlier this week, YouTube announced that it will prevent video uploads to President Donald Trump’s account for at least one week. In so doing, YouTube joined other social media companies, including Facebook and Twitter, in restricting the President’s access to its platform, citing as its rationale concerns about new sparks of violence in the run-up to the presidential inauguration.
Market Outlooks
Weekly Macro Update: A Recipe for the Next Financial Crisis
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It may not come soon or deliver the same shock, but the ingredients that triggered so many predecessors are already coming into view.
Policy and Regulatory Commentary
“It Is Over”
In a blog post last September discussing the Electoral College, we reminded readers that, when election results are read aloud during a joint session of Congress, lawmakers are able to “object to the returns from any individual state as they are announced.”