International Bonds Weekly : The Kangaroo Report
Australian stocks at at 3 1/2 week low and AUD/USD at a 6 month high. Mind warp ? Poor jobs data out on Wed failed to deter the currency from stampeding past 0.94… Continue reading
Australian stocks at at 3 1/2 week low and AUD/USD at a 6 month high. Mind warp ? Poor jobs data out on Wed failed to deter the currency from stampeding past 0.94… Continue reading
If you were taught that: 1. Commercial banks lend out the deposits that savers placed with them, and 2. The central bank control the quantity of broad money via the money multiplier Then… Continue reading
Market is talking about the suicide of a trader or salesperson in Hong Kong as was reported in the SCMP and Apple Daily. http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-death-jp-morgans-headquarters-central The word is that he was just 33 and… Continue reading
If you are feeling confused, lost, disoriented, bewildered, fatigued and the like, rest assured that you are not alone. It is real and happening. The markets are muddled. If you are feeling comfortable… Continue reading
USD strength or USD weakness ? The USD fell against 18 of 21 major currencies since last Friday and the release of a better than expected non farm payrolls number. High beta currencies… Continue reading