Whatever the Alaska Game Was, the Odds Didn’t Move: John Authers

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Today’s Points:

• Half-Baked Alaska — after the summit, peace in Ukraine still looks distant.
• The pressure on the Fed is also reviving the emerging market carry trade.
• There is political bias among consumers, whether or not there’s bias at the BLS.
• There’s also bias — in a conservative direction — among professional forecasters.
• AND: Beautiful people sell beautiful blue jeans.

Half-Baked Alaska

What games are Vladimir Putin and Donald Trump playing? The cliché that one of them (presumably Putin) is playing chess while the other ...