Note Précis Dec. 11,2020 – Narrow Path To Hew: There appears a narrow path to hew whether considering politics, economics and capital markets valuation. Meanwhile, momentum and central bank largesse driven complacency in markets risks enhancing volatility. On politics and trade, long dated frictions appear from resources to aircraft to info. tech. to services. Tariffs and […]
Note Précis Nov 18,2020: Old is New – Coordination Not Confrontation: For delivery of sustained recovery, coordination seems appropriate, not confrontation. Massive quantitative ease variants and Covid-19 pandemic have unleashed infatuation with mega data milli-second responses. Still, there lie old fashioned stepwise imperatives once known as political economy. Through the 1940s for instance, after pestilence, financial […]
Note Nov 18,2020: Old is New – Coordination Not Confrontation: For delivery of sustained recovery, coordination seems appropriate, not confrontation. Massive quantitative ease variants and Covid-19 pandemic have unleashed infatuation with mega data milli-second responses. Still, there lie old fashioned stepwise imperatives once known as political economy. Through the 1940s for instance, after pestilence, financial […]
Note Précis Oct 15,2020: Q4/2020 – Outlook Paper Thin Not Iron Clad Or Gilt Edged: In the U.S., Japan and Europe exist central bank and political tussles including flux in policy. Solvency and deficits appear getting little attention from many authorities. In finance as in the science of fluid mechanics, the wanton opening of floodgates […]
Note Oct 15,2020: Q4/2020 – Outlook Paper Thin Not Iron Clad Or Gilt Edged: In the U.S., Japan and Europe exist central bank and political tussles including flux in policy. Solvency and deficits appear getting little attention from many authorities. In finance as in the science of fluid mechanics, the wanton opening of floodgates rather […]
Note Sept. 18, 2020: New Is Old, Again – Currency on Watch – New is old, again – currency markets need to be on watch. Amid massive quantitative ease since 2008, currency translation surprise has seemed a consensus afterthought in major markets. Still, capital markets cycles have invariably in the past involved abrupt changes in […]
Note Précis Sept. 18, 2020: New Is Old, Again – Currency on Watch – New is old, again – currency markets need to be on watch. Amid massive quantitative ease since 2008, currency translation surprise has seemed a consensus afterthought in major markets. Still, capital markets cycles have invariably in the past involved abrupt changes […]
Note September 4, 2020: Market Momentum Meets Messaging Mash – Even as capital markets appeared comforted by momentum, there had appeared messaging mash, including in market internals, in central bank assessments and in politics. Over-rationalization of hidden value has a long history, in equity markets especially about groups du jour. In fixed income in June […]
Note Précis September 4, 2020: Market Momentum Meets Messaging Mash – Even as capital markets appeared comforted by momentum, there had appeared messaging mash, including in market internals, in central bank assessments and in politics. Over-rationalization of hidden value has a long history, in equity markets especially about groups du jour. In fixed income in […]
Note Dec. 11,2020 – Narrow Path To Hew
Note Dec. 11,2020 – Narrow Path To Hew: There appears a narrow path to hew whether considering politics, economics and capital markets valuation. Meanwhile, momentum and central bank largesse driven complacency in markets risks enhancing volatility. On politics and trade, long dated frictions appear from resources to aircraft to info. tech. to services. Tariffs and […]