These charts reflect a linear system that is wobbling into the first stages of non-linear destabilization. The widespread presumption is the U.S. is wealthy beyond words and will r...
Capital Flight in Italy escalates at a record pace. It’s seen in Target2 balances and spreads rather than an EM crisis. Thanks to Holger Zschaepitz for this set of Tweets. Si...
First Elon Musk said he had hired Goldman Sachs (along with a bunch of other advisors), even though the bank initially denied it had been formally retained. Then, moments ago Fox ...
New home sales in July were 627,000 units SAAR. Economists expected a rebound in new home sales to 649,000 from 631,000. The Econoday economists missed the mark badly once again ...
Fed Minutes Analysis – Other Risks The Fed Mentioned: Inverted Yield Curve I will continue my discussion in a previous article of the risks the Fed mentioned in its Minutes...
As we noted in the recap to yesterday’s FOMC minutes (see “FOMC Minutes: Three Frustrating Fed Fears Fail to Fade” for more), this week’s marquee event for the US economy...
USD/JPY recovery testing first major resistance hurdle- price remains constructive above 110.59 The Japanese Yen has been under considerable pressure over the past few days afte...
Fed Minutes: Are They A Hodgepodge? Fed minutes – Some have commented that the Fed Minutes is a mishmash of various discussions had by investors, members of the media, and ...
The Energy Information Administration (EIA) on Aug 22, reported that U.S. crude inventories dropped by 5.8 million barrels for the week ending Aug 17. Following this, crude oil pri...
EURO TALKING POINTS The near-term rebound in EUR/USD appears to have stalled even though the European Central Bank (ECB) remains upbeat on the economy, and fresh comments coming ...