Jack the Pipper

The market clearing route at the “macro” level is no longer even considered as a possible policy alternative any longer.

In my infinite critical wisdom I was early among those who predicted the euro currency wouldn’t survive. I was confident Greece would default and be pushed out of the single currency regime.

As we know, or think we know, commodity dollars are usually liked with the prospects for global growth, cross-border trade, and of course, demand for commodities; it seems, despite the sentiment the global recovery is building, there are st

There has been much talk about the risk embedded inside the Chinese Shadow Banking System; a system that has grown extremely large.

On Tuesday I shared with you an equation which sufficiently explained why capital flow was a valid rationale for the rally in the euro against the US dollar.

What if the euro is morphing into the old Japanese yen? The Japanese yen which continued to rally for years against other major currencies despite Japan remaining tightly in the bear-hug of deflation for over a decade and nominal rates at zero (ZIRP) for many years?

I was asked if I believe in the cycle stuff: The cycles of war, business cycles, investment cycles, etc.

A solution to the growing wealth divide is not easy to discover, especially when you fail to consider the actual cause.

As I plan to share with you next week, I’m gravitating further and further away from believing fundamentals can drive prices in the near-to-intermediate term.

Is the Japanese stock market telling us anything? It could be that concerns are growing as to whether Prime Minister Abe’s three-arrow strategy will be successful or not?