Bottom line. 2020 will be very boring indeed.

Top 10 economic predictions for 2020

No inflation risk yet.

Annual inflation up to 1.0% in the euro area

It's great to have people working to improve chainsaws. It's even better to use chainsaws to get through the seasons.

Brainard: Update on Digital Currencies, Stablecoins, and the Challenges Ahead

This is one of those long rambling attempts to make a strong argument which never appears. Its always a good idea to start with a strong idea about what your point is then debate around it. It is immensely boring to never mention your point ever. As ...

‘Decade of the central bank’ ends with the Fed and its global cohorts in need of some new...

It's a world where Keeping up with the Khardashians is vastly more important than most other issues. Without any real reason to make decisions politicians everywhere will not make decisions and we will all let them do that.

After relief, major currencies await details on U.S.-China trade deal

There is a difference between slight relief and good news. Please consider the recent news flurry as a several confessions by big players. USA has effectively confessed that its initiative against China has backfired, causing a major global slowdown ...

Risk appetite wanes as good news stories begin to fray

The main difference is that USMCA is not a free trade deal. We have a world with 2 regimes: WTO deals which generally are free trade deals and Super Power deals which have a force majeure catalyst. This is one of the latter type.

Mexican official says he's 'very satisfied' with USMCA after recent concern

There is already flexibility.

ECB's Muller: Should Have Flexibility With Inflation Target

Big picture is that the West was very pleased and relieved to have China growing at 7% pa when the US induced GFC hit the world economy in 2008. No talk then of anti China rhetoric and WTO being undermined by US protectionism and bullying. What an ...

Navarro: China trying to shape narrative on trade talks

I have little respect for Robertson. It's all blame the previous Government and we will spend up large. Where did the $12b come from? Kiwis working hard.

NZ Fin Min announces NZ$12 bln of new infrastructure spending

Note that this is not free trade but force majeure. This is Charles Atlas beating up the skinny guy at the beach.

Meltdowns and touchdowns: How the U.S. scored a Canada-Mexico trade deal

US attitudes are so out of step with global economic realities that it risks becoming totally irrelevant to global governance decisions. In fact US policy is committed to staying outside global governance frameworks. At least the words say that. Now ...

The WTO dispute settlement crisis. Back to the GATT regime?

As a trader or investor re forex the correct attitude to take is zero interest and 100% contempt. Beyond 2019 there will be many years to wait for an answer. What is truth?

Trade war: US-China deal deadline ‘likely to be missed’, former US trade negotiator Wendy...

There are 5 macro economic objectives and we have developed approximate indicators against which to measure progress. If we waited for perfect indicators we would be at fault to an even greater extent than suggested by the article. Of much greater ...

Is It Time to Retire Global Unemployment?

Election end of 2020. So no tax cuts - even for the poor - and plenty of scope for pork barrels. But what NZ really needs is an end to the artificial slowdown in our global export markets. Time to get governments out of the way.

NZ Fin Min announces NZ$12 bln of new infrastructure spending

Thanks Skracor247, Such transactions are made between consenting adults behind closed doors. I respect that.

Blowout response to China global bonds offering

Apologies, Doji. The reference was to the 'Hold' command. I agree GBP will be vulnerable but no matter what until there is a decision to Leave or Remain. I predict that decision will be February 27, 2020 at 7.14pm.

UK pound, bookies react to poll projecting Conservative election win

Thanks, Barkie. Quite a good list. With a few minor edits it could be the US. More importantly the point is the direction of change of both countries. The xenophobia in such comments astounds me.

House Passes Bill Demanding Sanctions On Senior Chinese Officials

Thanks. I have consistently for many quarters (the evidence is here) had a bullish USD view. The case is well laid out based on relative economic strength (boosted by unwise fiscal imprudence) and a 'tactic' which politely you could call ...

The Death of FX Volatility

Check usdchf for one.

GBP/USD surges to near 7-month high