Category Archives: emerging markets

The Sugar Swamp

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(June 25, 2017) —
As the US, Mexico and Canada get ready to begin talks on the re-negotiation of NAFTA – possibly as early as August – governments are giving a lot of attention to one particular product:  sugar.   The outcome will predictably be a sweet deal for the US sugar industry, quite the opposite of Trump promises to “drain the swamp” of disproportionate influence in Washington by special interests.

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The Fed, China and Oil

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(1/1/2016) My answers to three questions at the start of 2016 (from Chosun Ilbo, leading Korean newspaper):

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Gas Taxes and Oil Subsidies: Time for Reform

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(8/10/2015) World oil prices have been highly volatile during the last decade.  Over the past year they have fallen more than 50%.

Should we root for prices to go up, down, or stay the same? 

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