German Banks: Cutting Off Nose To Spite Face

This contradictory fiscal and monetary policy is undermining Germany’s banking system, and possibly the entire European economy. Germany’s yield curve is negative all the way out to 30 years...

  • Aug 8, 2019 3:30 AM

JPMorgan's Recession Odds Hit New Cycle Highs

Financial markets are raising risks of recession. Equities continue to slide and volatility has spiked, but the alarm bell is loudest in rates markets, where the yield curve inverted the most since just before the start of the financial crisis.

  • Aug 7, 2019 8:12 PM

Do You Remember The Plaza Accord?

For those worried about imminent dollar intervention by the Trump administration, look to the 1985 Plaza Accord for a potential roadmap.

 

  • Aug 7, 2019 3:05 PM

How Trump Could Enforce A Weaker Dollar Policy

Globally coordinated monetary policy is morphing into globally competitive monetary policy. This may be the most significant Macro development since the Plaza Accord in 1985...

  • Aug 7, 2019 2:50 PM