USD/JPY’s current year-to-date outperformance has started to dissipate based on a shorter-term one-month rolling basis. A disappointing Japan Services...
Overview: News that Israel's ground assault on Gaza is being delayed while hostage negotiations continue saw gold and oil ease, but tensions continue...
…and never were. It has become conventional wisdom among economists that demographics are Japan’s underlying problem. Demographics are blamed for...
USD/JPY briefly pushes below 150 Japan releases PMIs on Tuesday The Japanese yen is trading quietly on Monday. In the European session, USD/JPY is trading...
According to Yahoo Finance, September’s public net sector borrowing in the UK came in at £14.3bn, 10% less than the year before. This year-on-year drop...
Today, we’re fortunate to have Willem Thorbecke, Senior Fellow at Japan’s Research Institute of Economy, Trade and Industry (RIETI) as a guest contributor....
Global Escalation By Jane Foley, Senior FX Strategist at Rabobank In a televised address last night, President Biden laid out the case for...
A portfolio manager with nearly 50 years of experience shares his best idea for what to buy right now.
We need to start cutting rates, but there’s something that has to happen first.
Restrictive Yields Will Be The Fed's Waterloo Authored by Lance Roberts via RealInvestmentAdvice.com, Restrictive monetary conditions, from...
Fed Chair Powell says 'a few months of good data are only the beginning of what it will take to build confidence that inflation is moving...
History shows how conflicts can create uncertainty that can rattle financial markets. This could feed into consumer price inflation, keeping it higher...
Restrictive monetary conditions, from higher yields and tighter lending conditions, are the Fed's "Waterloo." If you don't remember, the "Battle of...
Wall Street went on a mini rollercoaster ride during Fed Chair Powell’s speech. Powell’s comments were mostly in-line with other officials and support...
Losses among mining, energy and tech shares outweighed energy and telecom gains on the TSX, brought down by a U.S. bond yields spike. The post @...
Europe: The Magical Land Of Mickey Mouse By Bas van Geffen, Senior Macro Strategist at Rabobank On The Wrong Track For no other reason than...
Watch Live: Fed Chair Powell Delivers Dovish Remarks The market's initial reaction to Powell's prepared remarks (see below) are very dovish...
As Mortgage Rates Hit 8%, US Housing Affordability At Lowest Level Since The '80s Update (1320ET): The average rate on the popular 30-year...
The strength of consumer spending so far this year has surprised most private forecasters. In this post, we examine the factors behind this strength and...
Treasury yield levels are overwhelmingly a function of inflation. However, in the short run, a plethora of influences can explain deviations between yields...
Have Central Banks Lost Control Of The Gold Price? Via GoldMoney.com, Over the past few months, gold prices have completely detached from...
Homebuilder Sentiment Slumped (Again) In October Amid "Housing Affordability Crisis" "It is difficult to get a man to understand something,...
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 40, down from 44 last month. Any number below 50 indicates...
In a 2022 post, we showed how liquidity conditions in the U.S. Treasury securities market had worsened as supply disruptions, high inflation, and geopolitical...
One of my main arguments for legalizing weed, cocaine, heroin, etc. relates to costs and benefits when drugs are illegal versus costs and benefits when...
Geopolitical Risks May Accelerate A Debt Crisis Authored by Daniel Lacalle, Many investors are warning of the risk of a debt crisis, but governments...
Bloomberg recently penned a great piece on the "Law of Unintended Consequences." To wit: "There is only one true law of history, and that is the...
The Kiwi dollar (NZD) has been the worst performer among the US dollar major pairs in the past five days. A further slowdown in New Zealand’s...
The Kiwi dollar (NZD) has been the worst performer among the US dollar major pairs in the past five days. A further slowdown in New Zealand’s...
Financial Free Speech Submitted by QTR's Fringe Finance At no other point in history has discussion and free speech in the world of economics...