J-P. Pizzini – GLOBAL MACRO INSIGHTS

The Fed’s Fine Balancing Act: Between Trump’s Tariffs and Economic Chaos

Jerome Powell, Chair of the Federal Reserve, emerged from another two-day policy meeting in Washington this week sounding like a man politely trying to defuse...

Friedrich Merz Becomes Chancellor—Eventually—But With Limping Authority and a Red Face

It took Friedrich Merz two tries, a parliamentary wobble, and a fair dose of political theatre, but the 69-year-old conservative finally secured the Bundestag’s blessing...

Tariff Tantrums and Global Manufacturing: The Art of Economic Destruction

This week brought yet another pile of smoking evidence that President Donald Trump’s trade war is doing precisely what trade wars do best: sowing chaos,...

The American Jobs Market: Still Breathing—For Now

Despite the thick fog of uncertainty wafting from President Donald Trump’s tariff-happy West Wing, the American labour market remained upright in April. Nonfarm payrolls rose...

Tariff Tantrum: Trump’s Trade War Bites Back

The American economy contracted at the start of the year — a predictably charming outcome — as companies scrambled to import goods ahead of Donald...

President Xi Jinping’s Global Counteroffensive: While Trump Bullies, China Plays the Patient Statesman

Diplomats across the globe have been dispatched with a strikingly clear memo in hand: any nation engaging in trade talks with Donald Trump is, bluntly...

A central Banker will lead Canada

The Liberal Party of Canada has secured a fourth consecutive election victory, with voters entrusting former central banker Mark Carney to manage the country’s response...

China Thinks in Decades, America Barely in Tweets: The Great Miscalculation of Trump’s Trade Tactics

According to a senior adviser to Beijing’s Foreign Ministry, President Donald Trump’s administration, ever the champion of instant gratification, appears to have spectacularly misjudged China’s...

The Trump reality: High Yields, Higher Risks

The great “Sell America” frenzy that gripped markets this month has left what might well be a lasting dent in investors’ appetite for long-term U.S....

GLOBAL MACRO INSIGHTS

Author: J-P. Pizzini