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Blink and you will miss it - there is a global easing cycle happening now, driven by the fall of the USD, lower energy prices. We got RBNZ, BOK, and ECB and more that will continue to cut rates ahead of the Fed. And of course, the Fed will cut. Not whether, just when. PCE will

Here is the legal document. Btw, this decision is not just reciprocal tariffs but the PRESIDENT POWER TO TAX under IEEPA, so it would include fentanyl also. cit.uscourts.gov/sites/cit/file…

Trump tariffs (Federal court hearing appeals of his IEEPA power to tariff). Fiscal. Asia Outlook. How to make sense of it all? I'll be in Paris next week to see clients & friends. One of the best things about living in Asia (Hong Kong), working for a French bank and being an