Thoughts From the Frontline, July 2017

Trade War Games

July 19, 2017

“We’re already in a trade war with China. The problem is we’ve not been fighting back.”

– Peter Navarro

“The battle for Helm’s Deep is over. The battle for Middle Earth is about to begin.”

– Gandalf the White

Prepare for Turbulence

July 9, 2017

“The job of the central bank is to worry.”

– Alice Rivlin

“The central bank needs to be able to make policy without short-term political concerns.”

– Ben Bernanke

“… from the standpoint of the overall economy, my bottom line is we’re watching it closely but it appears to be contained.

– Ben Bernanke, repeatedly, in 2007

“Would I say there will never, ever be another financial crisis? You know, probably that would be going too far, but I do think we’re much safer, and I hope that it will...