Fingers are being pointed in the negotiations currently taking place over NAFTA. American negotiators are blaming Mexican and Canadian negotiators for a refusal to “seriously engage” on U.S. proposals. Meanwhile, the Canadians and Mexicans blame the U.S. for putting forward proposals that would weaken the free trade agreement. Jacob M. Schlesinger and Dudley Althaus report: President Donald […]
Will Mohammad bin Salman Be Forced into War with Iran?
This is the second part of my feature on Michael Scheuer’s post, On natural rights, Saudi Arabia, and John McCain. Scheuer is the former head of the CIA’s bin Laden unit, and believes that the recent actions taken by Mohammad bin Salman, Crown Prince of Saudi Arabia, are setting him up for an inevitable war with Iran. […]
YWMF Bull and Bear Portfolio Update 11.22.2017
About two months in, how is my Short-term bull-bear model performing? I couldn’t be happier. The bull-bear model has made almost 8.8% on the longs and lost only 6.4% on the shorts. If you started with $90,000 in capital and invested $10,000 in each of the long positions and sold short $10,000 of the three […]
France’s LVMH (think Christian Dior/Krug) Rolls into California Wine Country
Chris Mercer of Decanter writes that LVMH has agreed to buy Colgin Cellars, a well known Napa winery. He writes: LVMH said last night (21 November) that it had agreed to buy 60% of Colgin Cellars, which has around 10.5 hectares of vines. It marks a significant move in Napa Valley for LVMH and its owner, Bernard Arnault, who regularly […]
Should America Accept a Nuclear North Korea?
Daniel Larison, writing at The American Conservative, makes the case that America would be better served by accepting the limits of its own power, and dealing with the reality that North Korea is already a nuclear state, and that the genie cannot be put back into its bottle. He writes: The U.S. has learned to […]
Where Do Americans’ Rights Come From?
Michael Scheuer, former head of the CIA’s bin Laden unit, reminds readers that Americans’ rights aren’t gifts from the government, despite what some commentators like Chuck Todd may think. He writes (abridged): Chuck Todd, (MSNBC) after Moore( Roy) had won the Republican primary, expressed astonishment that Judge Moore believed that each person’s rights — his natural […]
Wine Auction Raises $16 Million
A charity auction held each year at the Hospices de Beaune raised $16 million this year. Decanter’s Chris Mercer reports that the auctions most valuable lot sold for $495,000. He writes: The Hospices de Beaune 2017 auction raised a record 13.5 million euros (£12m, $16m), according to auction organiser Christie’s, beating the previous record set in 2015. Top […]
Happy Birthday Debbie
Can There Ever be ‘Free’ Trade?
Eamonn Fingleton, the author of In the Jaws of the Dragon: America’s Fate in the Coming Era of Chinese Hegemony writes at The American Conservative that there is “no such thing as free trade.” Despite endless rounds of negotiations on trade, Japan’s car market it still stacked against American manufacturers. Fingleton explains how this has lead to […]
Is America Prepared for a Second Cold War with China?
Reflecting on President Trump’s recent trip to Asia, Pat Buchanan asks “Again, are we Americans up for a Second Cold War, and if so, why? And why is it America’s job, 12 time zones away, to make sure China tends to her own knitting?” Buchanan continues at The American Conservative: While China is a great […]
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