It's getting late in Club USA! Many folks, like us, have stumbled out after a fantastic five year party with Ben and Janet. We are looking for the next big rave - and from a distance we can hear the DJ's in Tokyo and Frankfurt spinning some great tunes. Harry and...
Like many investors I have been brushing up on my Neo-Libertarian Marxist economics by watching lectures and reading essays authored the Bruce Willis of Greece - Yanis Varoufakis. I must say, I am not an expert in this branch of economics - but vilifying rent seekers,...
Over the next few weeks Tsipras will confront EU leaders with a clear mandate from the Greek people. Although he was 2 seats short of a full majority, it looks as though ANEL will become his coalition partner and he will form a government shortly. Choosing the...
Mario didn't even have to take a vote - the "Hasser" opposition was crushed before they had a chance to speak. It was a beautiful day in Frankfurt, with ECB actions that will surely provide the base for a long awaited European recovery. I suspect we will all look back...
These surely are some of the most exciting markets in recent memory. Volatility is back in a big way, and it has brought with it some amazing opportunities. Interestingly, before September 2014, most clients and colleagues were constantly bemoaning the lack of...
There has not been a move in a major FX cross like this since the breakdown of Bretton Woods. The 1998 USDJPY collapse was a side show compared to what happened in USDCHF today. Something must have shocked the SNB in a big way to force an abandonment of this key...
There has not been a move in a major FX cross like this since the breakdown of Bretton Woods. The 1998 USDJPY collapse was a side show compared to what happened in USDCHF today. Something must have shocked the SNB in a big way to force an abandonment of this key fixture of their monetary […]
