With Janet Yellen’s testimony behind us, the next big focus for the forex market will be the European Central Bank’s monetary policy meeting. After rising to a 1 year high of 1.1490, EUR/USD st...
As far as the markets go, they’ve had an incredible run since 2009. That’s because the Federal Reserve bought more than $4 trillion worth of bonds and securities in the open market to flatten inte...
When discussing government involvement in the health sector, I usually focus on the budgetary implications. Which makes sense since I’m a fiscal wonk and programs such as Medicare, Medicaid, and ...
Overheard everywhere today… Stocks (Dow and S&P) hit record intraday highs… (must mean everything is awesome, right?) With Nasdaq’s best week of 2017… So clearly, unlike T...
And that’s the week ladies and gentlemen. A dovish Yellen on Capitol Hill largely offsetting the rate hike from Poloz, a couple of ECB leaks to make sure the messaging is “just right”, and (anot...
It was only a month ago Fed President Dudley was lecturing us about the dangers of overly easy financial conditions and how inflation’s sanguine performance was “transitory.” And it wasn’t lik...
Himax Technologies (HIMX) responded to a downgrade of its stock by an analyst at Oppenheimer with a strongly worded reply, in which the company said it has not communicated with the analyst in months ...
The latest index reading came in at 23.2, down from the previous week. The RecessionAlert Twitter Feed, @RecessionAlert2, had an interesting observation about the indicator levels in February. Recess...
Bitcoin and Ether have garnered a lot of attention this year due to explosive surge in prices as also extreme volatility. Ether or etherum had surged to about $400 in June, up almost 5,000% from $8 in...
After the big reflation reset in positioning, global bond markets are showing more signs of breaking down. We previously talked in detail about the idea of the reflation reset in the context of a de...