There’s a discrepancy like I’ve never seen before in the markets nowadays. On the one hand, this is clearly the worst downturn in the economy most…
I’ve often complained that the markets nowadays are too simple. There used to be a lot more currencies and a lot more idiosyncratic stories behind each…
It’s hard to be a fundamental analyst of FX markets nowadays. That’s because the fundamentals are all a) pretty much the same for all the currencies…
Looking at the economic indicators nowadays is like watching a horror movie: As the heroine goes into the house where the killer is waiting, she’s smiling,…
We’ve seen an unprecedented flurry of activity by central banks and governments around the world, too numerous to catalog. The best summary I’ve seen of measures…
And now was acknowledged the presence of the Red Death. He had come like a thief in the night…And Darkness and Decay and the Red Death…
Usually in this weekly comment I start by discussing the factors that have been moving the market recently and how I think they are likely to…
The week started with great promise: a G7 Finance Ministers and central bank governors conference call to deal with the coronavirus menace. But what came out…
After a relatively empty schedule last week, there’s a lot more going on this coming week. I fear though that it’s likely to be drowned out…
The yen is well known as a “safe haven” currency: that is, one that appreciates when there’s some major trouble in the world. This phenomenon is…
