The World Doesn’t Revolve Around the White House: John Authers

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Today’s Points:

• The Shifting Plates of Trump 2.0 World:

- Trump moves to fire Lisa Cook from the Fed.
- Strongest euro since the Greece crisis in 2010.
- Strongest EM bonds since the Taper Tantrum of 2013.
- Highest 30-year Japanese Government Bond yields ever.
- Resurgent Chinese stocks.
- Collapsing alternative energy stocks.
- Deep political dilemmas in Germany.
- An all-time loss of confidence in France.

• AND: More crowdsourced swan songs

The World Beyond Jackson Hole

It’s been hard ...