Chart(s) of the Day
by[This piece can be seen at Sean’s blog here http://truesinews.com/2015/02/24/chart-of-the-day/] Taken over a forty year history, US gasoline is trading in its 3rd percentile –…
Markets
When?
by“We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know,…
Macro & Market Update
by[This piece can be seen at Sean’s blog here http://truesinews.com/2015/02/17/macro-market-update/] More than half a century ago, in his role as an advisor to the…
Australia and Canada – Commodities and Growth
byIndustrial commodities continue to weaken The BoC and RBA have cut official rates in response to falling inflation and slower growth The RBA has…
Global economic outlook – update
byAs recently as 9th January I wrote an article suggesting that 2015 would turn out to be the year of the slump. The title…
“A more serious disaster later on..”
by“Another day, another central bank failure. In a world of currencies backed only by confidence, every failure is masqueraded as success. Like the ballet…
Sovereign Bonds
byToday’s obvious mispricing of sovereign bonds is a bonanza for spending politicians and allows over-leveraged banks to build up their capital. This mispricing has…
Asset managers or asset gatherers?
by“The Bank of England paid nearly £3m of taxpayers’ money for a report on whether any of its staff knew about or were involved…
Technical Update
byWracked by the actions of the various central banks – which gave us another key reminder that volatility does not equate to risk –…
Swiss National Bank Throws Banks, Self Under Bus
byIn 1985, Arnold Schwarzenegger played John Matrix in the action movie, Commando. One line stands out. While dangling a bad guy over the edge…