Sorry about the absence the last few days…I’ve been feeling a bit under the weather.
The Asian markets (ex-China) are kicking off the week with continued selling. Bloomberg is carrying a story about foreign central banks trying to deal with the US dollar’s continuing slide with a variety of FX and capital controls. Who [...]
It was surprising to wake up to the pleasant sight of half my portfolio at 52-week highs. Apparently, gold has broken through its all-time nominal high, oil fast approaches $100 and not unrelated, the US dollar index precipitously sits right at the 76 level, threatening to drop even further. While these trends have [...]
The FT has a piece by John Plender discussing past instances where the global economic order has undergone changes similar to China’s situation today in relation to the US. He highlights two situations in particular as examples of trying to stem account imbalances through artificial means: an upstart, protectionist US vs. Great Britain after [...]
