Canary in the coal-mine – Emerging market contagion
Emerging market currencies, bonds and stocks have weakened Fears about the impact of US tariffs have been felt here most clearly The risk…
Read MoreEconomic Cycles
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of…
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China is in Trouble
By Ronald-Peter Stöferle Mark J. Valek Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new…
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Living Dangerously
Regular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms…
Read MoreCentral Banking: It’s alive!!
In his recent posting on Linked In, entitled, ‘The death of macro-prudential’, Stuart Trow of the EBRD delivered a well-aimed broadside at the pitiable…
Read MoreMonetary Fallacies and Inflationary Bubbles
Looking to the next few years ahead, is America and the world going to continue riding a wave of economic growth, improving standards of…
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Consumer Demand Does Not Lead to Jobs and Output
By Jai Khemani Jai recently got 2 A*s and an A in his A levels and is now looking forward to university. Jai is particularly…
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Keynote Speech Published in German Economics Journal ORDO
My keynote speech at the Future of Money Conference in Leipzig last year has been published in ORDO, one of the oldest and most…
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May Day
“Japan was the dress rehearsal; the rest of the world will be the main event.” Investor in Japanese stocks, known to this correspondent, circa…
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The Heat Death of the Economic Universe
Physicists say that the universe is expanding. However, they hotly debate (pun intended) if the rate of expansion is sufficient to overcome gravity—called escape…
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