'Record high' is trotted out by journos as though they have achieved a scoop story. What actually occurred was a crisis low followed by a recovery from the crisis. But that's not a good enough headline. Another headline missed is that this evidence ...

German economy continues to show strong rate of recovery as PMI hits record high in July

Doesn't sound too hopeful. Not enough to bet on but certainly important enough to follow.

Yellen Confronts Clashing Deadlines to Clinch Global Tax Accord

One minute the big concern is inflation, next minute it is deflation. This points to an economy close to stalling even if substantial stimulus is in the pipeline. Also the complexity of international supply chain disruptions, their relation to trade ...

Outlook On The US Economy

It is clear that the markets are trying to decide between a saddle point for global growth or flat to weaker growth. How do we decide? First the momentum is still positive. Second the Pandemic is hard to call. Third the trade war crisis is ...

Minutes of the Monetary Policy Meeting of the Reserve Bank Board

As mentioned elsewhere inflation cannot take hold in a world of high unemployed capacity and in the USA itself. Technology and uses of technology continue to put downward pressures on prices. Try to focus on output gaps I.e. aggregate supply minus ...

Fed's Daly says inflation pop was expected: CNBC

The chart shows a peak in positive territory translating to a slowing down but still positive growth in EPS into the future. The chart has been a poor indicator of market peaks. The article claims record highs but not record valuations - marks lost ...

BofA Survey Signals Cyclical Boom Behind 2021 Rally Has Peaked

This article is excellent at detailed examination of the data (thank you) but less effective in its big picture contex. It recognises the disruption caused by Pandemic and trade wars but not the GFC since 2008. GFC effects are still influential ...

What’s Driving Soaring US Inflation?

This is a partial analysis of the key forces at play in World forex markets. Its not a technical market beyond the very short term with gross mis-valuations persisting in the liquid majors and minors.

US Dollar Strength Could Stoke a Disruptive Growth Resurgence

A very elegant contribution. Are you sure you want to be tuned into a platform about debating forex markets with supporting evidence and intelligent analysis?

G-20 to Warn of Virus Risks Amid ‘Great Divergences’ in Recovery

Australia is a greater country to live in than USA. Sydney residential has been booming since 1990 so good luck in reversing a 30 year trend. If the global economy is gathering momentum (whats your call?) then the fundamentals of AUD housing and ...

When, not if, will housing market cool?

Ignorance is bliss. NSW would be well ahead if previous advice had been heeded. No problems here, mate, at Bondi. Good on yer.

Sydney Braced for Longer Lockdown as Virus Cases Spike

Nothing new beyond common sense and recent facts about the world. Still looking out for greater certainty on several fronts. Its a Brave heart "Hold" for traders who like greater confidence than pap.

Virus variants threaten global recovery, G20 warns

US records highs are irrelevant. What we need to see is greater momentum behind the global recovery to indicate a sustainable recovery without inflation and without Pandemic threats. AUD is way undervalued in a return to healthy global growth and ...

Focus on jobs as RBA seeks full employment

Please remember that monetary policy is about managing the appropriate monetary conditions to sustain economic growth within an inflation target. Just because we have had quantitative management does not mean that money markets are working well. You ...

FOMC Minutes Show Fed Ready To Taper Earlier Than Anticipated

Sounds like it is of little use even reading the small print of legal documents in USA. Recalls also the claims by Fox News that it was the viewers' mistake to believe what was obviously a lie. Time to go back to Law School then later join Goldman.

U.S. Supreme Court tosses class action ruling against Goldman Sachs

While a series of economic and political crises will put strains on the need for borrowing at the national level it is crucial that the money borrowed be put to good uses such as healing the causes and consequences of the crises of the past. Just ...

Timeline: 150 Years of U.S. National Debt

Hmmm. I agree with Hudi. But what amazing verbal stamina here. He protests too much! (projecting Shakespeare). You can't play Hamlet as you might a pipe. I'm looking forward to the return of intelligent debate on this platform or an end to it. A ...

Timeline: 150 Years of U.S. National Debt

Thank you, Ross. Very helpful indeed. Happy trading!

‘Reverse migration’ is picking up in China as workers give up on big cities

The jobs number was very bad for USD because the unemployment rate rising means that the Fed has yet another reason to be dovish and to keep out of the political firing line. Unemployment rate at 5.9% is nearly 2.5% above the low and even at that ...

US payrolls may pour cold water on US dollar’s momentum

Thanks for these guesses of wisdom. I still stick with the 3 crises framework which are still being worked thru. Forex markets still show very low volatility while all around there are problems and anti Market circumstances. In troubled times favor ...

Daly: Tapering should be considered later this year or early next year