May 2, 2016
All this means interventions do happen and when they happen markets get distorted, in part because they are mostly taken by surprise.
Apr 29, 2016
My morning thoughts on Friday, April 29, 2016.
Apr 27, 2016
I expect the Fed to raise rates twice this year with improving growth and inflation that is above its long-term averages on most measures, which is for me the rationale for tightening twice this year and based on what we know today.
Apr 25, 2016
We’ll see if President’s Obama personal intervention favoring the UK staying in the EU will have an impact on the British voters.
Apr 22, 2016
Anyway, next week’s FOMC meeting (April 26-27) as well as the BOJ monetary policy meeting (April 27-28) could be important ones, but as always we’ll have to wait and see what happens.
Apr 20, 2016
In today’s “search for yield” markets environment it could be interesting taking notice Argentina sold USD $16.5 billion of sovereign debt for the first time since it defaulted in 2001 on USD $80 billion of debt.
Apr 18, 2016
No, Brazil isn’t out of the woods yet, no, not by a very long shot. Brazil related long-term investing should better wait, at least that’s how I think about it.
Apr 15, 2016
China's GDP growth data remained steady at 6.7 percent in the first quarter. Many criticize Chinese data as not representing what's actually going on in the real economy.