Don’t Look at Stock Markets. Look at the Ports.
A drop in maritime traffic suggests that the worst is yet to come.
Economy
Something Alarming Is Happening to the Job Market
A new sign that AI is competing with college grads
Trump Is Paving the Way for Another ‘China Shock’
The MIT economist David Autor helped fracture the old free-trade consensus. But he thinks that what’s replacing it is even worse.
What Would Be Worse Than a Recession?
The loss of America’s economic hegemony
The Coming Economic Nightmare
Trump’s tariffs could cause stagflation for the first time in decades. It may go on for a long, long time.
Congressional Republicans Might Set Off the Debt Bomb
Their new budget framework is the most irresponsible in modern history—and will put the American economy on a very dangerous trajectory.
The Force That Holds Trump’s Coalition Together
Traditional Republican elites tolerate the authoritarianism because they want the tax cuts.
‘You Think We’re Afraid of America?’
Chinese manufacturers seem ready for a trade war.
What If China Wins the Trade War?
The United States could still prevail if it does everything right. The problem is that the Trump administration is doing everything wrong.
Trump Is Flirting With Economic Disaster
By threatening the independence of the Federal Reserve, the president risks undermining many of his key goals.