Larry's Blog
American Vertigo
April 9, 2025
Who as a child didn’t discover the joy of spinning round & round and the ensuing sensation of dizziness? Floating like a butterfly and stinging like a bee, President Trump’s style is full of razzle-dazzling action that forces consumers, investors, business planners, news reporters, and other world leaders into a never-ending chase that rarely catches […] More
Central Bank Watch
Central Bank Rate Cuts in India and News Zealand
April 9, 2025
Central bank officials in India and New Zealand, in widely expected moves, cut their key interest rates by 25 basis points today. The Reserve Bank of India‘s unanimously decided repo rate reduction to 6.0% followed a similar cut made at the prior February meeting and a two-year period before that with the rate maintained at […] More
New Overnight Developments Abroad - Daily Update
Back to Panic Mode as U.S. Reciprocal Tariffs Take Effect and China Strikes Back
April 9, 2025
The U.S. tariff on China is now 104%, and China’s government has answered with an 84% levy on imports of U.S. goods. An editorial in yesterday’s NYT by University of Chicago economics professor Brent Neiman, whose collaborated work with three other economists had been cited by the U.S. Trade Representative office as one basis for […] More
