FX Thoughts : The Lonely USD And EM Dreams
The USD dollar is in a lonely place this year as central bankers break ranks in their hierarchies and mostly losing heart. The typical job of a central banker is to manage 1.… Continue reading
The USD dollar is in a lonely place this year as central bankers break ranks in their hierarchies and mostly losing heart. The typical job of a central banker is to manage 1.… Continue reading
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” – John Templeton We are between stage 3 and 4 ? My mind hazy from all the… Continue reading
The Fed’s balance sheets have swelled over 1 trillion USD in the past year to exceed USD 4 trillion which is causing some angst amongst lawmakers despite an oblivious President. http://www.bloomberg.com/news/2013-12-17/fed-s-4-trillion-assets-draw-lawmaker-ire-amid-bubble-concern.html We know… Continue reading
What a week it has been ! … watching paint dry. US treasury bond prices are back to lower to Oct shut down levels and we have some fanciful reports out today suggesting… Continue reading
After witnessing your son graduate from elementary school, there will be an inevitable sense of loss for us. 12 years gone by with no reset button. That is much like the new way… Continue reading
The unemployment rate has been the Fed’s pet peeve for QE3 so much that they are willing to keep buying up to USD 85 billion a month in US treasuries and agencies to… Continue reading
For all the hype and expectations, the 3rd Chinese plenum of failed to produce a single firework. Instead we have the unveiling of a destination without a map to guide the markets. Way… Continue reading
One big slap for that ego when you find out that financial literacy does not work ! According to this paper mentioned in a Motley Fool post, Why You Are So Bad With… Continue reading
When our favorite S&P 500 opens later today, we will be waking up to higher margin requirements. In fact, all equity indices on the CME will be waking up to higher margin requirements:… Continue reading