US Senate planning Jan. 16 hearing for Trump Treasury pick Bessent, Politico reports
The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S.
Power Is Shifting From Treasury to the Commerce Department
In an era of economic nationalism, Lutnick’s job may turn out to be more important than Bessent’s.
The future of QT
Unhedged has not written about QT in a while for a simple reason: it’s been working. After QT contributed to 2019’s repo crisis, many feared that the newest QT cycle, started in 2022, may lead to ...
Deficit Fears Are Driving Up Bond Yields. Stocks Could Take a Hit.
When the bond market calls the tune for stocks, it’s time for investors to proceed with caution. The 10-year Treasury yield, ...
Trump’s tactics go global
THE NEW AMERICAN EXPORT — The U.S. has long exported its cultural products to South Korea, flexing its soft power within the ...
Trump will struggle to drive down oil prices
It is now a belief among many in energy markets that president-elect Donald Trump will succeed in driving oil prices down, possibly even further than during Joe Biden’s term.