Author Archives: jfrankel

The Next Recession Could Be a Bad One

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August 30, 2018 —  US economic statistics are currently good.  But the next recession could be bad.  

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Rising US Real Interest Rates Imply Falling Commodity Prices

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August 25, 2018 —  Real interest rates tend to have a negative effect on real prices of commodities:  oil and gas, minerals, and agricultural commodities.  One might hazard the prediction that US real interest rates are headed up, and therefore, other things equal, real commodity prices will decline.

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Could the July 25 Trump-Juncker Trade Agreement Work?

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August 8, 2018  ––  President Trump and European Commission President Juncker, in the Rose Garden July 25, announced EU-US trade negotiations.  Here are my answers to questions on the negotiations, in the event they actually take place. 

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