No surprises here. Until there is significant movement in US policies towards free market economics the dualism of a weak world and 'strong' US will continue. Huge fiscal deficits will continue to fuel the BBQ.

U.S. Dollar Index Futures (DX) Inching Through 4-Month High

Still modest by historical standards is the take away.

Global economy starts 2020 on ten-month high, awaiting coronavirus impact

Conditions in the forex market and in short term money market suggest that Australia is mired in recession while the USA friend is booming as never before and ignorant of Australian trade issues. It is time for a serious analysis of sanctions, ...

Australian business conditions & confidence, January 2020

Is this a scam?

Proposed Changes to the Volcker Rule

High risk, low return.

Canadian businessman says he burned $1M in cash to avoid paying ex-wife child support

Using the USD CHF as a rough but very important guide we see that the impacts of the GFC on the CHF - a very strong appreciation - have not been reversed even 12 years later. Now the explanations are probably numerous and interrelated but what I'd ...

SNB's Jordan: Franc is highly valued, has scope to cut interest rates further

Many relevant issues not raised here so here goes. USA admin has a so called right wing economic philosophy which argues against the size of government, against government intervention where free markets can do the job better, and Republican Tea ...

When Does the Federal Deficit Matter?

It must be clear to adults everywhere that these figures while lower than earlier describe a still huge problem of social distress, of frustration across all age groups but especially younger age groups, of critical policy failures, of lost ...

Euro area unemployment at 7.4%

The EU believes in protectionism and the power of might over right. It is not alone but is in line with the behaviour of USA and China - a pragmatic super power stance in discord with free trade and WTO. UK believes in free trade and therefore did ...

Tears and cheers as EU lawmakers give final nod to Brexit

Lots of new record highs here - must mean a good thing!

US budget deficit to break $1 trillion in fiscal 2020, CBO says

Article ignores the gap in current productivity levels which remains substantial. Unless China is denied or denied itself access to current technologies production can continue to expand at a faster rate than USA.

Here's why China won't overtake the US as the largest economy anytime soon

The agreement seems to lock in protectionist measures for agriculture which already receives very large subsidies from the US government in contradiction of free trade sentiments and provides political cushions in key electorates. These kind of ...

CFTC Tarbert: Phase One Trade Deal Signing Will Be 'Immense Success'

The interest is in future opportunuties for open trade. Phase one was not an enjoyable dance. Phase two is likely to see the partners increasingly relucant to take the floor with style and grace.

U.S., Japan, EU to meet on China ahead of Wednesday trade deal signing: USTR

If this is significant in any way whatsoever I would be very surprised. USA has been manipulating its currency for many years since and before the US financial crisis which led to the FED and TSY flooding the banking system with USD to keep the ...

U.S. to lift China currency manipulator tag ahead of trade deal

A good illustration of how communist regimes start to collapse under their own weight. Pope Francis understands the same issue very well.

Chinese tycoon agrees to buy London mansion for record £200m

Why female?

Yusaku Maezawa: Japanese billionaire seeks 'life partner' for Moon voyage

This comment is so embarrassing as an attempt to show some leverage is being created by US initiatives which have destroyed 1 trillion US dollars of global output per annum. This US administration has little comprehension of the damage already done, ...

US Treasury Secretary Mnuchin: There will be a phase two of China trade talks - Fox

These numbers remind us how recently the US financial crisis was allowed to happen and that the issue of the stability of the US financial system remains alive. This is not a regime issue but is influenced by US Admin policies on an ongoing basis. ...

Fed Pays $35 Billion to Banks, $6 Billion to Reverse-Repo Counterparties in Interest for 2019,...

Markets always revert to economic fundamentals though it can be a lengthy process of political interference, murky tools such as tariffs (on and off), sanctions (on and off) and threats of both (on and off). Supporters of free market economics (not ...

Back to Macro?

The enhancement needed is an accurate and reliable estimate of the capacity ceiling and therefore the size of the output gap. These days the resort to cheap imports also weakens the effect of lower unemployment in USA on inflation expectations. For ...

Is There a Taylor Rule for All Seasons?