If insanity is doing the same thing over and over and expecting different results, what does that say about the EU?
"With Asset Prices So Frothy"... Former RBI Governor Fears Dangers Of Endless QE Authored by Raghuram Rajan via Project Syndicate, With asset prices so frothy, it...
Last week’s price action for the stock market smacked of a rally that had run out of good news to justify rising share prices. All the...
World's Largest Pension Fund Slashes US Treasury Exposure By Record Amount The world's largest pension fund, Japan’s Government Pension Investment Fund, made a record cut to...
Stealth QE Is Over: Treasury Projects Adding $350BN In Cash By Dec 31, Reversing "Liquidity Tsunami" Three months ago, at the start of May when the...
A few years ago, Paul Wallace penned an article entitled: “GDP Is A Grossly Defective Product.” The recent release of the Q2-2020 report reminded me of it as...
Despite some sloppy trading action and some sluggishness in the market's breadth, there may be some good news developing in the options market, which could bode...
Overview: Risk appetites snap back after easing in the waning hours last month. The MSCI Asia Pacific equities jumped back after dropping 1.8% last week for...
Fed hints at September taper, but no promises Overnight, the FOMC released its latest policy decision leaving rates unchanged with no change to its quantitative easing...
Emerging Market Vulnerability Heatmap: Are EMs Threatened By Increasing Inflation Expectations By Wouter van Eijkelenburg, economist at Rabobank Emerging Market Vulnerability Heatmap Summary There are divergent...
A rollercoaster week for oil prices has WTI crude recovering almost half of the 15% plunge that took place over the past two prior weeks. Crude...
Monday’s “delta-dip” receded further into the rear-view mirror overnight, as US stocks edged higher and US yields fell after the overnight US 10-Year TIPS auction went...
Peter Schiff: The Markets Are Afraid Of The Wrong Thing Via SchiffGold.com, The markets have been jittery lately. The mainstream remains concerned about inflation – more...
Blain: Markets Are Ignoring The New Inflation Reality Authored by Bill Blain via MorningPorridge.com, “Nothing beside remains. Round the decay of that colossal wreck…” Markets have...
CK is still in the fight of her life. Again, we ask that everybody, everywhere please bring all and whatever you got in the form of...
Investors’ views on the outlook for growth have gone from acceleration to anticipation of the coming peak, while on inflation, expectations have moved from a pickup...
In response to the economic impact of the COVID-19 pandemic, the Federal Reserve cut short-term interest rates to zero on March 15, 2020 and restarted its...
Monetary Policy Is Not Expansionary Authored by Lance Roberts via RealInvestmentAdvice.com, Monetary policy is not expansionary despite widespread belief otherwise. The general assumption by the Federal Reserve is...
Monetary policy is not expansionary despite widespread belief otherwise. The general assumption by the Federal Reserve is that by providing excess reserves to the banking system,...
And just like that, snap of the fingers, it’s gone. Without a “bad” Treasury auction, there was no stopping the bond market today from retracing all...
Stronger inflation data in the US again fuels the ‘transitory-versus-persistent’ debate on the fundamental nature of inflationary pressures. It is a discussion that has further to...
Wells Fargo Reports Another Disappointing Quarter: Interest Income Flat As Average Loans Tumble After the solid results from both JPM, Goldman, and BofA (which saw strong...
I do take pleasure in being a kiwi on many levels, one of which is the refreshing habit kiwis have of telling it like it is....
Another day, another alarming piece of data delivered from China. Anyone looking for where the PBOC’s “surprise” RRR cut late last week is coming from, the...
There has been a fair bit of catching up to do after the past week spent outside of the financial market’s matrix. The biggest takeaways appear...
Majority Of Former Hospitality Workers Refuse To Go Back To Their Old Jobs While the end of pandemic unemployment benefits in September may finally put an...
The Japanese yen is up sharply on Thursday. In the European session, USD/JPY is trading at 109.92, down 0.63% on the day. In the Asian session,...
Our medium-term scenario continues to favour risk and equities, given the fundamental factors and economic policy support. This is an extract of our Asset allocation monthly...
The British pound is drifting in the Wednesday session. In North American trade, GBP/USD is trading at 1.3807, up 0.06% on the day. FOMC minutes may...
Completing the monthly cycle, the ISM released its estimates for non-manufacturing in the US during the month of June 2021. The headline index dropped nearly four...