Raising interest rates is a dangerous step in today’s integrated global economy, and it would further distort financial asset prices, setting them up for a possible disorderly correction..

While we must fight many horrible policies on Trump's agenda, there may actually be a huge dividend if he succeeds in pushing the economy to full employment.

The infrastructure spending would also create jobs. Spending in this area benefits a segment of the labor market that badly needs help.

First, Brexit, then the election of Trump tell us that the "unpredictable" can occur. It could also occur in the eurozone, where the euro crisis deserves a secular reflection, open to different  possible scenarios