Thursday, September 07, 2017

Radio Show Notes: Fischer, ECB, dollar, gold & Chinese markets

A random walk. We are very worried about Prof. Fischer resigning. Expect more ECB garble. The dollar remains soft whilst Euro-yields rise. Gold ris... Read More >>

Thursday, August 17, 2017

Radio Show Notes: The Tesla Economy

We outline our iconoclastic thoughts re. waning faith in Trump (aka Council resignations), the Fed's repairing a Tesla using a horse buggy manual, ... Read More >>

Thursday, July 20, 2017

Radio Show Notes: The Economic Clock explains markets

Readers know that we have run the framework of The Economic Clock® for years.  Robustly, it continues explaining market trends. My overa... Read More >>

Sunday, June 25, 2017

The Fed and the Treasury: Who is boss?

We all know that the Fed is in the business of controlling its mini-rates, the Fed Funds. But with the unwinding of QE, it just could be that the T... Read More >>

Thursday, February 02, 2017

USA: The Fed and long bond yields

Even though the Fed won't raise short rates until mid-June, watch the long end of the curve! U.S.  The Fed has left interest rates on hold. ... Read More >>

Tuesday, January 24, 2017

1Q17: What to buy and sell

What to go long of and what to short this quarter  Top 3 investment tips/themes (e.g. sell the yen, avoid oil) -    ... Read More >>

Monday, November 28, 2016

USA: Reflation = "trickle-out" economics

Markets have been gyrating very much because of Trump's reflation plans. But they will trickle out overseas. Forthcoming policy mix ... Read More >>

Thursday, August 25, 2016

Markets: keep buying China and America

Keep buying China/Hong Kong  and America/the dollar; history stopped being a guide  as of 2010.  1.  Why the Chinese  fis... Read More >>

Thursday, August 18, 2016

Why low interest rates create low capital investment

Low rates disfigure the market's pricing signals, so many cash-rich dinosaur companies are not investing in the real economy. What to do about th... Read More >>

Sunday, August 14, 2016

Bonds: Taper tantrum II, and what to do about it

Why you should buy into any taper tantrum blitz.  Record bond inflows According to  p.13 of this week end's Financial Time... Read More >>