Morning News: April 21, 2025
Crime Syndicates in Southeast Asia Go Global, Defying Crackdowns
China-Owned Supertankers Face $5.2 Million in Fees Per US Call
China Warns Nations Not to Cut US Trade Deals at Its Expense
China Is Finding Ways to Replace American Farmers
China Wins Without Fighting While the US Flails
DHL Suspends High-Value Deliveries to U.S. Consumers Amid Tariff Turmoil
Japan Embraces Lab-Made Fuels Despite Costs, Climate Concerns
BOJ Sees Little Need to Change Basic Rate Hike Stance
Central Banks Stare Into Trade-War Abyss With Rate Cuts Primed
Paul Volcker Never Was Precisely Because Monetarism Never Was, Nor Is
Gold Hits Record as Dollar Sags and Trade War Concerns Persist
Bitcoin Rebounds as Trump’s Push Against Powell Weakens Dollar
Say ‘You’re Fired’ and Watch What Happens
Trump’s Push Against Powell Is Latest Reason to Sell US Assets
Fed’s Goolsbee Hopes US Not Moving to Where Monetary Independence is Questioned
Trump Is Everywhere Except in the Economic Data
The Trade Adviser Who Hates Trade
Zuckerberg, Dimon Are Among Top Sellers Ahead of Tariff Stock Rout
The Trump Billionaires Who Run the Economy and the Things They Say
Trump’s Deals with Big Law Are Shakedowns in ‘Pro Bono’ Clothing
Inside a Union’s Fight Against Trump’s Federal Job Cuts
“More and More Cheating”: DOGE’s Cuts to the IRS May Have a Big Price Tag
Tesla Bull Ives Warns of ‘Code Red’ If Musk Sticks With DOGE
Aramco Agrees With China’s BYD to Explore New EV Technology
Airbus Promised a Green Aircraft. That Bet Is Now Unraveling.
A Weak Dollar and Record Gold Price Are More Bad News for Luxury Stocks
Why It’s So Difficult for Robots to Make Your Nike Sneakers
The Trump Tariffs Are Tilting the Scales in the Coke vs. Pepsi Battle
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Posted by Eddy Elfenbein on April 21st, 2025 at 7:04 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Does anyone have a suit of armor, jet skis and a blowtorch I can borrow/rent? There's an experiment I'm working on.
This is pretty amazing. US elections combined since 1924:
GOP: 1,058,301,749
DEM: 1,057,846,951
Oth: 88,548,252Unemployment spikes in Washington, DC
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 