A Picture Is (Almost) Worth 1,000 Words Aug2

Posted by & filed under White Papers/ Thought Pieces.

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This week, I decided to spare everyone my usual delivery of salty commentary on the investment arena and instead, use two pictures to say my 1,000 words. So here’s this week’s blog in cartoon format. Of course, as badly as I draw and with the economic outlook uncertain, these may actually only be worth 500 (or

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The Daily Shot 7/29/16: Global Macro Currents Jul29

Posted by & filed under The Daily Shot.

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Greetings, We begin with Japan where the central bank ended up disappointing the markets. The BoJ announced a smaller than expected increase in purchases of ETF’s. There was no move deeper into negative rates and no QE acceleration. Kuroda probably feels somewhat helpless at this point and is betting on the big increase in fiscal stimulus. The

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The Daily Shot 5/20/16: Global Macro Currents May20

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Greetings,  Let’s start with the Eurozone. The latest ECB minutes point to the central bank’s frustration with the currency bloc’s governments’ inaction. The Governing Council is effectively saying: “We are hitting a wall here – it’s time for the Eurozone governments to step up.”  Labor reforms are especially important in this environment in order to support

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The Daily Shot 5/13/16: Global Macro Currents May13

Posted by & filed under The Daily Shot.

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Greetings, Let us begin with emerging markets. 1. South Africa’s mining production dropped by 18% from a year ago – a record decline. This report sent some analysts back to the drawing board, with growth projections downgraded again. h/t Jonathan 2. Romania and Poland remain in deflation. Will both see stabilization as energy prices move higher? Source: Investing.com

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