Anyone who talks about 2%pa growth as decent is promoting fake news. Even the accompanying chart is evidence. Japan has nothing to offer the world in experience of economic management and economic performance. It is a controlled economy within a ...

Japan: Decent economic growth in first half of 2019, central bank weighs options

The blind leading the blind. 15 months out from the next election the best bet is very little progress in trade talks and very little progress in any talks the US Admin is engaged in. If anyone is interested in fundamentals the issue if about global ...

US and China agree to meet again on trade helping the risk improvement

Probably the idea behind democracy is that a decision once made will be supported by nearly everyone, leaving the notion of winners and losers back at the time of the decision. Two factors persist 1) a view that a decision has not been made and 2) ...

UK Lawmakers Reject PM Johnson’s Request To Hold An Early Election

SNB will implement a decision before announcing it.

Swiss National Bank declines comment on franc strength while unveiling new note

Delegation from another planet here to object to new tariff threat from USA, Earth. "You people have been stealing billions of stuff from us for decades due to incompetent USA Presidents and Federal Reserve leaders and Justice Department leaders and ...

All Hail The Mighty US Dollar

I like the hint of deflation in this story. Its a very large risk in the current circs but clouded by tariff effects on CPIs. See other posts. Deflation expectations are very bullish for bonds and the implications for equities depend on growth vs ...

US Dollar Finishing August on Firm Note as Euro nears Two-Year Lows

This is a useless post.

Euro is dropping against the Dollar “like crazy,” giving them a big advantage...and the Fed...

No evidence linking confidence drop to tariff worries. This is the real fake news. Bloomberg needs to focus on analysis more and guesswork less. I could write that the drop was due to deflation, or recession, or sun spots but we like to think that ...

U.S. Consumer Sentiment Falls Most Since 2012 on Tariff Concern

Screaming.

US Dollar Screaming Higher as Month End Flows Dominate

Edged means moved a wee bit.

Yields rise on trade optimism, volumes muted

The EU is a member of the WTO but like USA and China holds back on supporting comparative advantage as a serious principle of policy. France and Germany have spent decades struggling to pass the laugh test of protectionist measures. Cut to the chase ...

Euro Falls to Two-Year Low Amid Trade Concerns, Trump Ire

Can't see any mention of endemic deflationary bias, currency intervention policies and stultifying micro market policies. Sometimes ratings and economic policies just don't fill you full of confidence.

Fitch Affirms Switzerland at 'AAA'; Outlook Stable

4. Deflation is coming which makes the long end more attractive than the short.

Interpreting the Yield Curve Inversion

See related comment on deflation. I think it's very useful to separate out recession and deflation in current global circumstances. There is a good chance that we will get lots of deflation (tariff adjusted) and no recession.

BOJ policymaker warns of dangers of more monetary easing

This is a great opportunity, rather two opportunities because Switzerland is in the same bind. Usually we are keen to analyze which country is closest to tightening. With deflation at the front door the closest to easing is notable and the two safe ...

Yen Strength Amid Market Tumult to Keep BOJ Target Out of Reach

Big mouth, small brain.

Our Federal Reserve cannot “mentally” keep up with the competition

I would expect an ongoing sense of everything being pretty much the same as the last 12 months or so with deepening gloom over world economy, heightened risk of global and US deflation, puzzlement about how much to ease monetary conditions, abject ...

Hints of positivity likely to be short lived as yield curve continues to invert

Competitive free markets are defined by the fact that it takes many many participants to move the market. Now do you actually believe in free markets or not?

Major Turnaround As Trump Talks Up Trade

No mention of any negatives at all here suggest imbalance in analysis. If trade issues are so minor then where's the beef? Staccoto tweeting policies are inefficient to US as well as nonUS businesses (deferring investment plans). WH speaks with ...

The economy is just fine, despite the trade war

Very good article for once addressing the power of global deflation and its importation to USA. The force of this factor is not known but when the domestic inflation rate is already low (cyclically adjusted) then caution suggests downside risks ...

Global Fetters: Insights From Jackson Hole