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politics

Millions in the US could face massive consequences unless McCarthy can navigate out of a debt trap he set for Biden

The US Debt Ceiling Standoff Continues. It Has Always Continued. Then It Has Always Resolved.

The US is approaching its debt ceiling limit, and Congressional Republicans under Speaker Kevin McCarthy are negotiating terms with the Biden administration for raising it. Without a deal, the US Treasury could eventually be unable to meet its financial obligations. Both sides are using the ceili...

Whether you follow the day-by-day political theater of the negotiations. Whether you have a diversified financial position that doesn't depend on short-term market stability. Whether you contact yo...

economy

China's economy is off to a solid start, rising 4.5% in Q1 2023

China's Economy Grew 4.5% Last Quarter. A Fifth of Humanity Stayed Busy.

China's GDP grew 4.5% year-on-year in the first quarter of 2023, beating analyst expectations. This follows a turbulent 2022 in which China's economy grew just 3% — one of its weakest performances in decades — largely due to strict zero-COVID lockdowns. The Q1 2023 rebound reflects the lifting of...

Whether you adjust your assumptions about China's economic trajectory based on a single quarter's data (you probably shouldn't). If you have investments with significant China exposure, this is a u...