Archive for August 2019

The Friday File: Bernard Tomic, who lost a best of five first-round Wimbledon match in a lickety-split 58 minutes, is being fined $56,000 for “not playing up to professional standards”. This is brilliant. We could do the same for pitchers who get lit up, politicians who never show up for votes, late night hosts with…

The latest unsuccessful round of the endless US-China trade negotiations has caused President Trump to announce a new round of 10% tariffs, starting 9/1/19, on the remaining $300 billion of non-tariffed Chinese imports. Commodities, interest rates, and equities tumbled. This surprise announcement makes the probability of another Fed rate cut, to undergird markets, likely. These…