The Trumpification of American policy

The choice facing America in less than a month will not be made by voters weighing rival sets of policies. Kamala Harris’s plans lack detail; Donald…

America’s election is mired in conflict

Even without Donald Trump on the ballot, American elections tend to create conflict. America is the only proper presidential democracy in which the…

Should central bankers argue in public?

Jerome Powell’s tenure as chairman of the Federal Reserve has been admirably sure-footed. But on 31 July, he may have stumbled when he announced that…

What could stop the Nvidia frenzy?

If today’s stock markets have their version of the great wildebeest migration, it is the stampede of the Nvidia bulls. Wall Street is no Serengeti,…

Can Kamala Harris win?

The phoney campaign has ended. The real battle for the White House will be between Donald Trump and Kamala Harris, and it has only just begun.When…