Central to these discussions are the length of time and depth of the COVID crisis parameters and it is abundantly clear by now that each of these is indirectly related to the lockdown severity in each country. Going hard and early is working. Finger ...

The Economic Stimulus/Relief-Debt Paradox

Its a common error to use the word 'recession' in this context because the definition in many minds is at least 2 quarters of negative growth. The actual defiinition relates the level of actual economic activitiy to the potential level or capacity . ...

The global coronavirus recession ver. 2.0

Could be good money after bad given that the sector is well subsidised already. The point about socialism and free market capitalism is that in the end the market should determine resource allocations and interference by the government confuses ...

U.S. announces $19 billion coronavirus aid for farmers, food buys for poor

A quant model does not allow important information (like a plague) to enter into its opinion making.

Renaissance Says Quant Models Misfired During March Mayhem

I think he is trying to tell us something deeper, something about the value we can add (or subtract) at any age, that old age does not mean people are less valuable than younger (even in the sense of value add), that positive thinking helps a lot, ...

'Captain Tom', 99, to help open hospital after raising $29 million

A hint of xenophobic behaviour is to blame any other source that yourself for whatever problem you encounter and I've lived a long time observing US reactions along the way. Its not just Trump. China is a country of 1.4 billion people so just who ...

Trump halts funding to WHO

Thanks, Bart. 2100 comments show a lot of patience already.

Trump halts funding to WHO

Does not make any sense whatsoever.

Trump halts funding to WHO

Or Chinese Three Mile island. US Xenophobia is still alive and well; takes decades for some folks to handle all of the truth.

Trump halts funding to WHO

This is not a recession; its a plague. You can't solve a plague with expansionary policies - hence it is not a recession.

Japan: A deep recession

As I've posted many times debt is between consenting parties who are intelligent and understand the contract between them. Collateral is extremely important obvious yes but not mentioned here. The world is worth about 1,000 trillion in assets - ...

ECB’s Lagarde: A Cancellation Of Debts From The Crisis Seems Totally Unthinkable To Me

This is a good example for the general point that the problem everywhere is the constraints on demand not on supply. Excess supply means deflationary pressure in current circs. A very practical message is to get people to continue buying goods and ...

China Faces Worst Job Market in 20 Years as Growth Slumps: UBS

And if he is talking about Cash versus other assets it is unhelpful to confuse this with currency strength or weakness. As we know as traders you need to have a base currency to relate your gains and losses calcs.

Founder of world’s largest hedge fund doubles down on ‘cash is trash’ argument, warning of...

Since an exchange rate is one currency value relative to another then clearly not all currencies can fall at the same time. His logic seems awry. USD is a very good place in current circs as US economy has great resilience relative to other ...

Founder of world’s largest hedge fund doubles down on ‘cash is trash’ argument, warning of...

Income is derived from production so if production is temporarily cut back then so is income and demand unless govt reacts with fiscal and monetary stimulus. Few observers here seem to realise that the circular flow can be part of the policy ...

RBNZ Urged to Come Out ‘All Guns Blazing’ on QE to Cut Rates

The safe haven currencies will be those actually beating the virus. Pick out NZD, AUD, CAD for longer term but still USD for short term. JPY and CHF no longer safe havens in the recent classical sense other than cling demand (which will erode ...

Swiss Franc, US Dollar, Yen May Rise on Fear of Maket Closures

Two objectives here not just one. 1. Save lives (could be yours) 2. Beat the virus. The sooner achieved the smaller the problems. This guy is buying into bigger problems than otherwise, putting shackles around the legs of his country. Looks like ...

Brazil's Bolsonaro urges no more coronavirus quarantine, says jobs being lost

Please check out the charts as well, (do you know how to?) and ask what would you make it up to look like if you were in charge? Also the report explains the close correlation with the Caixin index of the same activity. Also look at the long time ...

Coronavirus: China manufacturing economy bounces back strongly after lockdown

There are few insights in this piece. Economic models for countries and the world surely would go some way to assist asset allocation decisions based on cycles, structural problems, political savvy and luck. Geopolitics and their interaction with ...

Roger G. Ibbotson: What Works in Asset Allocation

Globalisation has been with us for centuries. Recent history has seen a new pace, a new pace for scale, for scope and created both opportunities and challenges. Not only are economies more interconnected but the political dynamics within and between ...

No, China’s economy hasn’t gotten better. The implications could be more serious than...