The great steepening
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The great steepening
David Goldman analyzes the steepening of the US yield curve following Donald Trump’s election, driven by the Treasury’s expanding borrowing needs. As major global economies rely heavily on debt financing, the utility of gold as a hedge is likely to grow.
Competing agendas stall hope for peace in Ukraine
James Davis writes that mistrust between Moscow and President-elect Donald Trump, compounded by alleged provocations from the outgoing Biden administration, risks further escalation in Ukraine before Trump assumes office.
Asian free trade vs. US protectionism
Scott Foster examines the growing concerns in Asia over President-elect Donald Trump’s potential tariffs, which threaten to disrupt trade with key US partners. Meanwhile, regional initiatives like the RCEP free trade agreement and BRICS expansion are gaining momentum.
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