67a53103-dc09-4ddd-a25a-02a44d7485b2

Greetings,The US dollar has experienced 2 consecutive days of 1% declines – something we haven’t seen in years. The declining dollar now drives risk assets such as equities, commodities and emerging market currencies and is in effect a form of monetary easing. Source: Investing.com Dollar-yen dipped below 111, a support level the currency pair is

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I was going through some old papers recently and, lo and behold, stumbled across my first grade report card. Since I’ve often struggled with authority figures, I opened it with some trepidation and discovered a few tidbits about the past. Much like many employers today, achieving a rating of “outstanding” was impossible by Mrs. Northem’s

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654139cc-65a4-4a91-82b7-489d840095eb

Greetings,We start with the Eurozone where Mario Draghi indeed brought out the ECB “bazooka”. Source: nextquotidiano.it Here is what the central bank decided to do: rate cuts, expanded QE, buying corporate bonds, new TLTRO, etc. Source: @fastFT While this cut in the deposit facility was expected, the benchmark rate cut was new. The markets cheered,

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1602_VP_A+not+so+reliable+barometer

A cacophony of recession chatter is filling the airwaves. Some experts are already declaring we are in one while others are raising warning flags. Their message has not been lost on the masses: google searches for the word “recession” have risen to the highest level since 2012. Interestingly, many commentators cite the 20% decline in global stock prices as the warning signal, if not the cause

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