Japan is in denial. For a long time, its long-term interest rates were very low despite its mountain of government debt, feeding the illusion that this was somehow normal. It wasn’t. Low yields were ...
I’ll start where I left off last week - my claim that China’s excess savings are squeezing out Germany’s (and consequently the euro area’s). You can see this in the chart below, where I’m showing the ...
NEC'S HASSETT SAYS FED CHAIR DECISION DUE AROUND NEW YEAR AND TRUMP MAY INTERVIEW CANDIDATES OVER NEXT TWO MONTHS; NEW FED ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the ...
In an exclusive interview with Meet the Press, Treasury Secretary Scott Bessent says that inflation is “up because of the service economy” and has “nothing to do with tariffs,” despite the Trump ...
The Coast Guard said it conducted its largest cocaine seizure in history worth an estimated $362 million. Take an inside look ...
In today’s weekly forex forecast, I break down the DXY, EURUSD, GBPUSD, USDCAD, and XAUUSD, sharing my exact levels and trade ideas for the week ahead. As always, this is my game plan, not financial ...
The War between Russia and Ukraine is a violent and terrible one that, with strong and proper U.S. and Ukrainian LEADERSHIP, would have NEVER HAPPENED. It began long before I took office for a Second ...
This past week's release of the long-delayed September jobs report complicates the Federal Reserve's path forward when the ...
Another huge week for markets, with the US core PCE price index highlighting the direction of travel for inflation after hawkish FOMC minutes released in the week just gone. Meanwhile, the UK economic ...
The Australian dollar was the second weakest FX major against the US dollar last week, with the bearish engulfing week on AUD ...
The Group of 20 summit in South Africa ended Sunday with the glaring absence of the United States — the next country to lead ...