Markets opened sharply down today, January 30, maybe a delayed January effect or maybe a shock of jitters. As we write it seemed poised to be the worst day since August. The talk of the move is that a sharp increase in bond yields in the US and Europe had shocked...
Words matter. No sooner had Steve Mnuchin, US Treasury Secretary, uttered the words (at Davos this week) “a weaker dollar is good for us as it relates to trade and opportunities” then the US dollar started to slide leaving it -2.6% against a basket of other...
As much of the Mid-West and East Coast has been gripped by frigid temperatures in recent weeks, markets continued to heat up. 2017 was a year of record breaking market strength, and all indications are that the enthusiasm remains robust in 2018. December brought a...
Last year markets focused on developed market politics, which provided plenty of surprises and uncertainty. As a result Emerging Markets seemed much more pedestrian, and even mature in comparison. Overall positive indicators such as elections in Argentina led...
Twitter can apparently track user sentiment, and according to it, Monday of last week was the single saddest day in the US since twitter records began in earnest. The news of the largest single shooter massacre in US history, at a country music festival in Las Vegas...
