I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed.
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Category Archives: Trade Policy
A Clear and Present Danger: The Imminent Cheese Gap
First, it was the mineshaft gap. Now, it’s the Cheese Gap. And a dairy trade war is the perfect way to approach the impending threat.
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The Trade Policy Annotated Yield Curve
Down, down, down. 10yr-3mo at 0.86% at 2pm today. See Jim’s post for more on the spread.
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How Will Soybean Prices Be Faring in Six Months?
First, look at futures as of today (with the decline looking unabated):
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Wisconsin Employment: Already in the Doldrums, Pre-Harley-Davidson
With some tariff induced offshoring of Harley-Davidson, now is perhaps a good time to consider the repercussions of the current administration trade policy on Wisconsin — a steel using (not producing) state, with some cheese and soybean production…
Term of the Day: Effective Rate of Protection
Or, when 10% is not just 10%. (Wisconsin/Harley-Davidson edition)
Will Soybean Prices Recover when China Starts Buying American in the Autumn?
Typically, Chinese purchases of American soybeans picks up in the autumn, due to timing of harvests. If this is an important factor in the recovery of US soybean prices, one would expect futures for November delivery of soybeans would reflect that fact. As of today, they don’t.
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Thanks, Trump: Wisconsin Cheese and Motorcycle Edition
The Trade War to Date
Term Spreads in 2018: An Annotated History
Today, the 10 year-3 month spread ended below 1%, in the absence of safe haven effects. The 10 year-2 year spread ended at 0.35%.
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