Marc To Market's blog
A straight forward discussion of the factors driving the US dollar.
Simple near-term outlook.
Straight forward look at the Federal Reserve and what to expect.
Non-bombastic, non-insulting simply straight-forward look at next week's key events and data. If you are so inclined...
I have told you the US dollar was going up for months. Some mocked me. Others insulted me. So what? I tell you the dollar's bull market remains intact.
Curency wars are zero-sum. Interest rate race is not.
Laugh if you want to. Cry if you want to, but the bull market for the US dollar has legs and life.
Top ten things that investors will likely be watching in the week ahead.
Simple cogent analysis of the price action in the capital markets. Take it or leave it.
Here is why I think the BRICS challenge is eroding.
Assume the news for next week has not already been written, What should investors, or those monitoring the international political economy be watching? Here is my list.
Data and market positioning can explain movement in the currencies. It does not prove that there is no manipulation or a great conspiracy. It just means the markets are understandable without resorting to such explanations. Try it.
Cry if you want to, but the dollar is stronger. Deny it if you want to, but the US economy is more vibrant now than the Europe or Japan. This is what is shaping the investment climate, if you are interested.
The investment climate is being shaped by four forces:
1. De-synchronized business cycle with the US ahead of the pack
2. The prospects of sovereign bond purchases by the ECB, amid political uncertainty sparked by Geece's snap election
3. The continued drop in energy prices is a stimuluative writ large but poses challenges for oil producers and the leveraged eco-system that has been built on the premise of high oil prices forever.
You might not like it. You may think it is a joke. Yet the fact of the matter is the dollar is posied for further appreciation. Be prepared.