Articles by Confluence Investment Management

The North Korean Summit: Part I

On March 8, officials from South Korea, including Chung Eui-yong, the director of South Korea’s National Security Office, came to Washington to brief U.S. officials…


Emperor Xi: Part II

Last week, we discussed China’s power structure and how the suspension of term limits changes recent precedents. We examined President Xi’s actions in his first…


Emperor Xi: Part I

On February 25th, the Central Committee of the Chinese Communist Party (CPC) announced that it would recommend an end to term limits on the offices…


The Italian Elections: Part I

(Due to President’s Day, the next report will be published on February 26.) Italy will hold elections on March 4, 2018. Given that recent elections…