In this latest issue of my weekly podcast, we take a quick look at the ongoing upbeat mood of global markets. Three key news catalysts: More positive rumors and gestures on the China Trade War. Soon-to-be ex-ECB President Mario Draghi takes out his bazooka. And Trump fires NSC Advisor John Bolton. The geopolitical or economic fundamentals, on the other hand, are showing little change in direction. The Supremes rule in favor of Trump's bar on Central Americans seeking asylum in the U.S., wherein Trump is simply doing what every other high-income country (from Australia to Spain) already does. We look quickly at the recent congressional elections in North Carolina and at the third big 2020 Democrats' debate--which was no fun to watch. Finally, we examine the social, cultural, and historical drivers behind the landmark news that South Korea's total fertility sank below one in 2018. Japan may have started aging first. But South Korea is surely aging the fastest.
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