This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
Bernie Sanders Isn’t a Socialist (New York Times, 2 min read) Paul Krugman describes Bernie Sanders as more European social democrat rather than true socialist. Sanders’ chosen misnomer will, however, make him an easy target for Republicans.
Pollsters Got it Wrong in the 2016 Election. Now They Want Another Shot (MIT Technology Review, 12 min read) Large numbers of undecided voters, shy Trump supporters, poor sampling and correlated errors were among the factors behind the 2016 polling miss. Errors have since been corrected but pollsters still cannot account for the impact election forecast have on individual’s likelihood of voting.
As Rishi Sunak Cecomes UK Chancellor, a History of Battles Between No 10 and 11 Downing Street (The Conversation, 4 min read) Boris Johnson’s efforts to control the UK Treasury have been tried by various prime ministers before him and have never proved successful. Given the manifold risks facing the UK economy it is unlikely to work this time either.