Tags » QE

Notes From Underground: The ECB Is On the Horns of a Dilemma ... Again

Let us continue where last night’s blog ended. This week’s move by the French President Hollande to reshuffle the government’s cabinet should be perceived as a way for France to negotiate for a depreciation in the… 760 more words

ECB

Risk-ON and US Dollar strength persist...

While tensions in Syria are still elevated with a second American ISIS fighter killed in a battle, Gazprom beginning accepting payment in Rubles and Chinese Yuan (via the ESPO – Eastern Siberia Pacific Ocean – pipeline), Ebola outbreak causing enormous damage to West African economies (economic growth expected to plunge by 4% in the region according to the African Development Bank), Argentina’s black market peso completely out of control tumbling to over 14 / USD (14.45 according to Argentine newspaper Ambito), French jobseekers surging to record high of 3.424 million (with PM Manuel Valls blaming the ECB to do more as QE was the solution to everything) and IMF head Christine Lagarde put under a formal probe for negligence in a corruption investigation… AUDJPY continues to climb and is now trading above the 97.00 level for the first time since June 2013 and the S&P500 closed above the 2,000 for the second time in history. 844 more words

Global Macro

Eurozone opens doors to QE as Germany and France stumble

Source: The Telegraph, by James Titcomb, 25 Aug 2014

Economists expect further radical action from European Central Bank as heartland economies disrupted further

The eurozone has moved closer to adopting further radical measures to ward off a second recession and a spiral of deflation after its two biggest economies fell deeper into trouble on Monday. 146 more words

Financial/Societal Collapse And Dependence

France - A really special kind of "Austerity"!

Let’s have a brief look at French “austerity”, shall we?

French government spending in EUR millions.

All that “austerity” is killing us!

 

France’s government spending amounts to about 58% of GDP, a world record.

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Political Philosophy

Great Interest Rate Experiment By Fed

“Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has, the more one wants.” — Benjamin Franklin… 216 more words

Economy

Perceptions of risk are declining.

The markets are up on a Monday. Has anything changed? Or, has the news cycle simply turned over?

Jackson Hole announcements are Wednesday. American slow-growth fundamentals are present and shaky. 109 more words

Politics And Finance

Macro-Strategist Speaks Out Re Summer Sleepiness?: A Rareview with Sight Beyond Sight

Below extract courtesy of this a.m. edition of Rareview Macro LLC’s daily publication “Sight Beyond Sight”

Editor Note: Performance Speaks Louder Than Words, and the SBS model portfolio as of Aug 15 is a noteworthy +3.72% YTD (and 0.33% WTD) when compared to the universe of macro strategists who, according to news media, have been struggling (whether because of mis-timed moves, over-reaction to events, or completely missing the geo-political mark) 1,011 more words

Macro Strategy