Negative rates, Negative Outcomes
byThere has been much head-scratching of late as to why, with interest rates lower than they have been since the Universe first exploded out…
Economics
Jittery January Markets – Does the ECB have Contingency Plans?
byThe ECB must be aware that investors’ confidence in stock markets, particularly bank shares, dropped in January. If contingency plans exist, they are likely…
Everything changes at zero
by“Then said Jesus, “Father, forgive them; for they know not what they do.”” – Luke 23:34. For the benefit of non-subscribers, there are two…
Whatever it Takes?
byIn the midst of all the recent uproar, one anonymous Twitterer seized his chance to have his Uber-Warholian, 140-characters-of-fame moment and thundered: ‘Central banks…
Why did Japanese NIRP cause such surprise in the currency market and is it more dangerous?
byThe Bank of Japan announcement of NIRP sent shock waves through currency markets The Yen has strengthened on capital repatriation since the BoJ move…
Interview with Dr Benn Steil, Director of International Economics at the Council on Foreign Relations
byDr. Benn Steil is senior fellow and director of international economics at the Council on Foreign Relations in New York. He is also the…
Shorting the yuan is dangerous
byLast Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily…
Zero Hedge: This Could Be A Problem: China’s Debt-To-GDP Rises To A Gargantuan 346%
bySource: http://www.zerohedge.com/news/2016-01-28/could-be-problem-chinas-debt-gdp-rises-gargantuan-346 In early 2015, after years of China’s massive debt pile being roundly ignored by most so-called experts (despite being profiled here many years…
Oil a load of nonsense
by“The media select, they interpret, they emotionalize and they create facts.. The media not only reduce reality by lowering information density. They focus reality…
Out of the mouths of babes….
byParents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of…