Marc To Market's blog

See why the Fed is unlikely to taper in December, but Q1 14 is much more likely.  Read a preview of the highlights from the week ahead.  

While the perma bears may find comfort in the dollar's decline, its weakness has not been very broad, but really limited to the euro, sterling and currencies that move in their orbit.  Still further dollar declines look likely near-term.  

In every organization, including the Chinese Communist Party, there are forces of movement and forces of order.  The forces of movement have moved into ascendancy in China and this was signaled by establishment of the special economic zone in Shanghai and the program emerging from recent Third Plenary Session.  However, the uncertainty over implementation kept domestic and foreign investors cautious.

Overview of the week's economic and poltiical calendar in the context of the investment climate.  

Overview of the near-term outlook for the major currencies.  

An overview of recent developments, include the political developments in the US Senate, that may weigh on the dollar in the days ahead.  

An overview of the near-term US dollar outlook.  Not thinking it is crashing and burning next week simply because it is not backed by gold or because the Fed is engaged in QE.  

A dispassionate analysis of Bitcoins, their function and implications.

Pushing the neo-liberal argument further than it wants to go, with interesting results. 

An interesting overview of Germany's attempt to solidify its hegemony in Europe. 

Dispassionate discussion of the investment climate.  

The US dollar looks vulnerable to additional losses next week.  While we had correctly anticipated the greenback's losses last week, we had expected it to begin recovering ahead of the weekend.   This did not materialize and, leaving aside the yen, the dollar finished the week near its lows.   Generally speaking, the technical outlook for the greenback has soured and, in fact, warn of some risk accelerated losses in the period ahead.  

A dispassionate overview of the investment climate and what to expect this week.  

As suggested here last week, the dollar moved higher over the past five sessions.  Although it finished the week on a firm note, I suspect we may have a pullback before seeing higher levels.    Here is why.

The wholesale changes at the Fed's Board of Governors in the period ahead are generally under-appreciated by market observers.