This week is notable for the coming inauguration of Joe Biden the Martin Luther King, Jr. holiday
Overview: The new week has begun like last week ended. Equities are a bit heavy. The MSCI Asia Pacific Index fell for the second session, its...
From Reuters today: “The value of the U.S. dollar and other currencies should be determined by markets. Markets adjust to reflect variations in economic performance and...
Nestmann: We're All (Hyper) Keynesians Now Authored by Mark Nestmann via Nestmann.com, In 1971, President Richard Nixon supposedly told an ABC News reporter that he was...
Today, we are pleased to present a guest contribution by Steven Kamin (AEI), formerly Director of the Division of International Finance at the Federal Reserve Board....
Hurray! The disastrous year of 2020, which brought about the COVID-19 pandemic , the Great Lockdown , and the economic crisis , is over! Now, the...
JPM Reports Record Revenue Offset By Surprise Jump In Credit Loss Provisions JPMorgan has officially launched the Q4 earnings season with earnings that were broadly stronger...
Futures Slide On Doubt Biden Can Pass $1.9 Trillion Stimulus; Reflation Trade Fizzles US equity futures and global shares slumped on Friday after Joe Biden unveiled...
Could the US dollar maintain its impressive start to 2021 on Thursday? Investors sought refuge from bearish data and economic uncertainty after the federal government reported the higher number of initial jobless claims...
Peter Schiff: Commodity Boom Isn't About Economic Growth; It's About Inflation Via SchiffGold.com, Commodities are booming. A lot of people seem to think this is a...
The euro has declined for a second successive day. Currently, EUR/USD is trading at 1.2119, down 0.32% on the day. Euro remains under pressure The markets...
The New Zealand dollar has reversed directions in the Thursday session and is in positive territory. Currently, NZD/USD is trading at 0.7209, up 0.34% on the...
Following the year-end rally, valuations of risk assets are marking a pause in the face of a number of headwinds. While in our view, valuations remain...
Blain On QE's Consequences For Bitcoin, Bonds, & Bullion Authored by Bill Blain via MorningPorridge.com, “Weebols wobble but they don’t fall down..” This morning’s comment is...
Commenting on the struggling tech sector and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Tech Sector Struggles...
The bitcoin price soared to yet another record high above $34,000 this week before pulling back. However, the pullback didn’t last long, as the price again approached $34,000....
The Chinese yuan is adding to its strong start to 2021 against the US dollar on Tuesday. The yuan, which has been one of the top-performing currencies in foreign exchange markets over the last eight months,...
S&P Futures Rebound Even As Treasury Yields Blow Out Into "CTA Redline" Territory Global stocks and US equity futures rebounded from the recent selloff as investors...
Overview: The capital markets were stabilizing today after dramatic moves yesterday. Equity markets are recovering, and the dollar is paring yesterday's gains. Most equity markets in...
US dollar edges higher after a strong overnight session The greenback continued to remorselessly squeeze months-worth of US dollar shorts overnight, propelled by an equally remorseless...
Last week, IHS Markit reported that sentiment in Mexico’s factory sector had slipped again during December 2020. The organization’s manufacturing PMI had declined for the second...
Traditionally, Swiss bank accounts were for those who wanted privacy, sometimes for unsavory reasons. However, today there are many reasons to open a Swiss bank account....
The Mexican Peso weakened against the USD to start the trading week, joining the decline in most other Latin American currencies.
Rickards: Biden Will Face New Depression Authored by James Rickards via The Daily Reckoning, Economic growth or decline is the result of factors that are larger...
This is a talk I gave for IGIER at Bocconi (zoom, sadly) Jan 11 2021. Olivier Blanchard also gave a talk and a good discussion followed....
CNBC Exclusive: CNBC Transcript: Intercontinental Exchange Chairman & CEO Jeffrey Sprecher and Bakkt CEO Gavin Michael Speak with CNBC’s “Squawk on the Street” today about the...
The Australian dollar fell today together with other commodity currencies as investors were more interested in safer currencies, like the US dollar and the Japanese yen (but not the Swiss franc). That suggests...
"A Huge Reversal" - Louis Gave Warns "Inflation Will Come Back With A Vengeance" Authored by Mark Dittli via TheMarket.ch, Louis-Vincent Gave, CEO and co-founder of...
Fed-Driven Bubble Destined To End Badly Authored by Bruce Wilds via Advancing Time blog, Reassurance from central banks is only emboldening investors to add to their...
The US election in early November was an inflection point. Stocks have rallied. The dollar has been sold. The rise in US yields has dragged up...