Next Comes The “Turbulent Twenties”

Next Comes The “Turbulent Twenties”

The coronavirus is now exposing a far more deadly disease: Namely, the poisonous brew of easy money, cheap debt, sweeping financialization and unbridled speculation that has been injected into the American economy by the Fed and Washington politicians. It has turned...
Dollar Pushed Higher Then Backed Off – Why?

Dollar Pushed Higher Then Backed Off – Why?

The dollar’s weakness in the last few days can be explained from the yen being used as a conduit for wealth fleeing China and the euro enjoying a “dead cat” bounce. The dollar still sits at the higher part of its range.  Currencies seem to be locked...
Is This The Global ‘Draghi’ Moment?

Is This The Global ‘Draghi’ Moment?

“Prepare for everything and nothing will happen…” Brace! Brace! Brace! Have we arrived at the moment when the global economy and markets tumble into a proverbial hole?  Relax! Markets always overreact, and things are never as bad as the papers say, but the bad news...