Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
Markets
2015: the year of the slump?
by2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view…
Time Horizons And Time Preference
byRecent dollar strength has been a surprise to many but a strong dollar was also a key component of the Asian currency crises of…
An odd, non-linear world
by“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
Yes, Virginia, There Is No Political Santa Claus
byAt a time of the year when gift giving and charitable good spirit fills the air, please allow me to be the one who…
“We hate you guys but there is nothing much we can do”
by“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..
The Case For Monetary Freedom And Free Banking
byThere has been no greater threat to life, liberty, and property throughout the ages than government. Even the most violent and brutal private individuals…
Spare dollars
byLast week I wrote that contrary to the prevailing mood US dollar strength could reverse at any time. This week I look at another…
We seem to have miscalculated
by“What will futurity make of the Ph.D. standard ? Likely, it will be even more baffled than we are. Imagine trying to explain the…
Commodities and the dollar
byEach commodity market has its own story to tell: oil prices are falling because OPEC can’t agree production cuts, steel faces a glut from…