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Taxes all else equal are a drag on economic activity.

To market sell-offs.

Everyone's been betting on American exceptionalism.

Now it turns out that America is exceptionally bad.

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A single best idea, just an extraordinary day.

Thank you to David Gurra for reporting from the side of a river with all of that history of Ottawa and Canada on this election.

Historic moment, and of course all tied into a huge emotion between the President of the United States talking about a 51st state and the defense that the people of Canada feel. Good morning to Mexico

as well, we should say. We don't want to forget the challenges with our neighbor to the south.

It was such an honor to speak to David Dodge today. He is a venerable governor of the Bank of Canada,

a vibrant 81 years old, and he gave us wonderful perspective.

Perspective as well on China.

...