Can U.S. Dollar ETFs Continue To Surge In 2015?
Impressive economic growth in the U.S. in the face of overseas weakness has sent the dollar to its highest level in nine years. In the past six months, the dollar …
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Banking Forecast 2015: Earnings Headed Up
Banks should do well in 2015, thanks to economic growth and higher interest rates, which will boost spreads even for liability-sensitive banks. The economy will expand throughout 2015 (as described …
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EC What Will It Take To Regulate The Stock Markets?
Better data and better cooperation are needed. Past efforts to regulate the U.S. stock markets have brought mixed success and more than a few unintended consequences. With momentum building after …
Read More Global Economic Perspectives On Fiscal Policy, Oil Prices, And The Trade Slowdown
Two chapters from the World Bank’s Global Economic Perspectives  are out. Chapter 3 is “Fiscal Policy Challenges in Developing Economiesâ€. Over the past three decades, fiscal policy in developing countries has become increasingly …
Read More King And Minack: Thoughts On QE
My friend Cullen Roche recently penned an article discussing the plunge in oil prices and the lack of a subsequent decline in the S&P 500.  To wit: “If you had told …
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Tricky Tuesday – Failing At The Strong Bounce Lines Once Again
Wow, I’m getting dizzy. Â I’d say the market is like a roller-coaster but there are no roller-coasters that make moves this crazy. Unfortunately, all this zig-zagging up and down …
Read More First Of Many: Standard Chartered Hit By Billions In Losses From Commodity Crash
Now that even the pundit brigade has confessed that crashing crude may not be the “unambiguously good” event all of them had sworn as recently as a month ago it surely would …
Read More Morning Call For January 13, 2015
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15Â +0.49%) this morning are up +0.53% and European stocks are up +1.20% as a plunge in crude oil to a new 5-1/2 year …
Read More Market Wrap: Futures Rebound, Ignore Continuing Crude Crash, 10Y Under 1.9%, 30Y Near Record Low
So far today has been a replica of yesterday, with the crude rout continuing and pushing WTI under $45, but largely ignored by the FX carry pairs, and thus equity …
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EC Oil Continues To Slide, Blowing Deflationary Winds
Brent oil is off another 3% today, Tuesday January 13th, taking its decline since the end of last year to 20%. This is overshadowing other macro-economic forces. With the Federal Reserve …
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