With Currency Currents, you can stay tuned-in to our current global-macro view and our analysis of key investment themes driving currency prices.
We consistently focus on the key asset classes responsible for the flow of global capital -- including equities, fixed income, commodities and, of course, currencies.
Nothing is off limits to us in this free-wheeling look at the markets. Some days you’ll receive ramblings on trading psychology, while other days we may take an academic approach in explaining esoteric economic issues. Ultimately we have one goal in mind: to help you get a handle on the key investment themes driving global capital flow. Because if you know where the money is going, it increases the probability that your position in the market will be a profitable one.
Jack Crooks is Black Swan Capital LLC, President and Chief Trading Officer.
Jack is founder and president of Black Swan Capital LLC. He has also operated a discretionary money management firm specializing in global stock, bond, and currency asset management for retail clients. In addition, he was general partner in a firm specializing in currency futures and commodities trading. Neither firm is now in operation.
Prior to entering the investment arena, Jack worked in various corporate finance positions. He has written extensively on the subject of global currencies and international economics.
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | ||||||
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| 30 |
As every trader with some longevity knows the first question you should ask the moment a trade is made is this: Where am I wrong? And that question needs to be repeated hundreds of times in your head throughout the trade in order to stay open to new information; that's because your objectivity will always be ever so slightly tilted toward your current position. … More…
Yesterday looked like another day foreshadowing a decent dollar correction on the bounce higher in stocks. This morning we wake to a stronger dollar again....hmmm...and of course "new" concerns about stocks, one story we saw read. … More…
I received an email from a reader that contained an interesting fact: Seven separate assets currently maintain an 85% correlation (or better) with the S&P 500 over the last six months.… More…
Last week I touched on the potential end to the sideways US dollar correction. Then all of a sudden some unidentified reckless group came in to buy stocks and keep them from finishing at lows not seen since 2003. … More…
1) Still overvalued on a Purchasing Power Parity basis against the dollar 2) Interest rate differential to shrink as ECB catches up to the Fed..... … More…
ZERO INTEREST RATE POLICY (ZIRP) seems to be in the works amongst a whole host of central banks we know and love. But haven't we seen this movie before? And doesn't it end badly?… More…
Jack's been running around speaking at various currency tours and seminars this year. And there's one line he likes to use when conveying the uncertainty of trading in any market ...… More…
China's new fiscal stimulus package is receiving rave reviews across the board this morning. Bond prices lower, stocks higher, oil higher, gold higher and the dollar getting whacked--it's déjà vu all over again for the risk appetite crowd.… More…
Today is interest rate day! That is, the Bank of England and the European Central Bank culminate their most recent monetary policy discussions and announce changes to their benchmark interest rates.… More…
...we are big believers that after following the chain of price action, sooner or later, it all comes back in some way to the rate of interest. Interest rates are the core of all things financial, though the link may be seemingly distorted at times.… More…
November 4, 2008: Some of us might have been waiting for this day longer than others. Some of us may have been clamoring for it, while some of us may have been dreading its arrival. Either way, that day is here and a major change could be in order. That's simply because ...… More…
Ebb in risk aversion means a flow of risk appetite by definition. And risk appetite may mean it's time for commodities, which have been body slammed, to make a decent correction; maybe of the multi-week variety. … More…
