Monthly Archives: April 2018

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The United States Federal Reserve Bank has left a century-long trail of damage in its wake. A misguided attempt to manage the stages (growth, prosperity, recession, depression) of the economic cycle has led to nearly complete destruction in the value of our money. The ongoing loss in value of the U.S. dollar since inception of…

China Considers Taking Its Boot Off Equity Market’s Throat

It appears that China is ready to re-enable some speculative excess once again in its stock market. Bloomberg reports that China is considering a relaxation of stock-index futures trading curbs that were introduced during the nation’s 2015 market crash, people familiar with the matter said. No, that is not a misprint on the chart, volume dried up in 2015 after regulators…

US Dollar Range Continues As Inflation Prints At One-Year Highs

Talking Points: Dollar Down-Trend Pulls Back, EUR/USD to Support After ECB Minutes. US Dollar Grinds at Support as Inflation Prints at One-Year-Highs. Fundamental Forecast for USD: Neutral The US Dollar started the week on a rough note, continuing the bearish move that started to show around last Friday’s Non-Farm Payrolls report. In short order, DXY had fallen back-below the…

Here Are The Biggest Risks Facing Tech

Obviously, regulatory risk has grabbed the spotlight in tech of late. I’ve written so much about this over the past two months I’m having a hard time going back and digging up all of the posts, but here are a couple of notables, with the last one documenting the bloodbath that unfolded in the sector…

What Lies Ahead For France ETFs?

The French economy grew slower than estimated, per the Bank of France, primarily owing to a slowdown in manufacturing activity. The bank’s lower growth estimate for the first quarter is indicative of a somewhat broader slowdown in the Euro zone. European Central Bank (ECB) Executive Board member Benoit Coeure thinks the Euro bloc is witnessing…

Comovement In Economic Policy Uncertainty

Reader Ed Hanson makes a puzzling assertion regarding trade policy measures announced by Mr. Trump, and the evolution of policy uncertainty as measured by Baker, Bloom and Davis: As for the uncertainty, I can not make your author’s calculation but I can look at the front page of the policyuncertainty.com site and look at the headline monthly index they present….