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Overall: “We Europeans must really take our destiny in our own hands,” announced Europe’s leader. “The times in which we can fully count on others are somewhat over, as I have experienced in the past few days. We have to fight for our future,” continued Angela Merkel, shaken by America’s weakening commitment to NATO and distain for multilateralism. “To all scientists, engineers, entrepreneurs, and responsible citizen

Week-in-Review (expressed in YoY terms): Mon: IS terror attack kills 22 in UK, Portugal deficit less than 3% limit (only France, Spain and Greece exceed 3% threshold compared to 24 countries 6yrs ago), Fed’s Kaplan targeting 2 more hikes in 2017, S&P +0.5%; Tue: Japan PMI -0.7 to 52.0 (6mth low), rumors the ANC is discussing options to remove Zuma, German business confidence all-time high, French composite PMI 6y

Overall: “You have to keep it going, OK?” said Trump to the most handsome man he’d ever seen. “Never, ever, say that,” he continued, blowing a kiss to the man in the mirror. “That kind of sentence gets you into real trouble.” Brazil’s Temer uttered those exact words, now he’s headed toward impeachment. “But it’s not what you actually say that matters, it’s the context,” The Donald reminded himself. “I bragged about g

Overall: “Comey better hope there are no “tapes” of our conversations before he starts leaking to the press,” tweeted Trump. Media went mental. Breitbart bananas. Sycophants sucked up. Impeachment odds leapt to 3-1. And the Nasdaq 100 closed Friday +0.3%, at a record high. That’s despite this week’s 20% plunge in SNAP. But that’s nothing new. Back when we faced France’s Far-Right first-round, North Korea’s nuclear wa

Overall: “This is more work than in my previous life,” admitted President Trump to Reuters, “I thought it would be easier.” And cleansed by confession, the Donald drifted off. “What a 100-days,” he thought. So many, many thoughts. Big ones, huge. “And I’ve accomplished the impossible,” mused our mogul. You see, never had a candidate lost the popular vote by 2.9mm and won. Never had a candidate carried a lower favorab

Overall: “A country must make strategic choices,” explained Xi Jinping, praising aluminum factory workers for upgrading production to aerospace standards. “And China’s choice is to boost manufacturing,” continued the mighty Mandarin, ascending the value chain. “We’re going to use American steel, we’re going to use American labor,” tweeted Trump, descending the chain, on collision course with Xi. Today’s most importan

Week-in-Review (expressed in YoY terms): Mon: US deploys warships to Korean waters, China to offer Trump better fin services access and beef/grain imports, Kuroda “will maintain QQE until core CPI exceeds 2%,” Russia “have discussed oil output cut extension,” France forecasts Q1 GDP +0.3% (full-year +1.3%), Melenchon overtakes Fillon in French presidential polls with 18% vs 17% (Le Pen and Macron tied at 24%), Yellen

Overall: “It crossed a lot of lines for me. Many, many lines, beyond a red line, many, many lines,” said Trump, a kaleidoscope of bright colors swirling before him. “The attack on innocent children, beautiful babies, that had a big impact on me – big impact,” he admitted, incensed. “My view toward Syria and Assad has changed very much.” And that’s not the only thing that changed very much. You see, for all the talk o

Overall: “My administration is putting an end to the war on coal,” declared Trump, signing an executive order, his favorite kind. His only kind. And within no time, nothing happened. Not a single thing. No more coal was mined. No more miners were hired. No more CO2 was emitted. Not a sole CEO approved capital investment in a new coal power plant. Because of course, these kinds of decisions are made with a 50yr time h

Overall: “You cannot spend all the money on drinks and women, then ask for help,” said some Dutch dude with an utterly unpronounceable name, trying on a little Trump, just to see how it feels to call it as you see it. “Dijsselbloem lost a great opportunity to be quiet,” responded Italy’s failed former prime minister Renzi. “Dijsselbloem’s European vision is evident in the union’s policies: a presumed economic, moral