Please try another search
There was no overarching theme to this week’s major international data, although two potential story lines are developing. Japan is clearly in trouble; it’s latest economic numbers show a...
The People’s Bank of China (PBOC) has received approval from the World Bank allowing its issuance of bonds which are denominated in Special Drawing Rights (SDRs). The World Bank is the first...
Hopes that Chicago Fed data offers strong projection for Q3 US GDP growth The 2-year Treasury yield isn’t pricing in a rate hike for next month Brazilian shares near a two-year high based on...
The problem I have with employment data is that it cannot be validated with any precision in real time.Follow up: You would think in 2016 with internet connectivity there should be no issue assembling...
I’ll admit I once was a fan. Taking control from the hands of the government and giving it to the free market is always a good idea.Governments are greedy, wasteful and slow. Worse, when they...
EM ended last week on a soft note. Fed tightening expectations were buffeted first by hawkish Dudley comments and then by the more balanced FOMC minutes. On net, the markets adjusted the odds for...
Brazil and India continue to be attractive. Brazil has shown that it can host the Olympics, begin to reorient its economy toward growth and stablize its political system as the impeachment of...
VIX remained above its August 9 Master Cycle low this week.VIX may be primed for a breakout.The declining Short-term resistance at 14.40 and the recent high at 14.24 may intersect with VIX next week....
Policy rates have bottomed in negative-rate countries but more QE is in the pipeline.Fiscal easing in the eurozone is on the cards but fiscal tightening is likely in most other major economies. We...
EXECUTIVE SUMMARYFed Tightening? What Tightening? The stock market is soaring to new highs, and it is doing so against the backdrop of what can be best described as disappointing economic data. The...
I am not afraid of an army of lions led by a sheep; I am afraid of an army of sheep led by a lion.’ Alexander the Great In the midst of the final days of a long, hot, relentlessly tumultuous...
This week’s calendar features yet another light week for data, a lot of politics, and slow summer trading. Something has to fill all of that air time! This week the punditry gets their favorite...
Everybody needs clothes. It’s one of our three basic needs.China, a nation of 1.3 billion bodies, needs a lot of clothes. Yes, we’re back with another piece on “what’s in with...
In response to the Bank of England setting interest rates at a record low 0.25% at its last meeting, the Royal Bank of Scotland (LON:RBS) sent out letters informing some large depositors that negative...
Variant Perception says equity prices are rising and being driven by momentum, but profit margins are set to fall further in line with late-cycle wage pressures and tightness in the labour...