Oct 9, 2014
To make sense of the markets, it might be ever more important to dissect what we might call convincingly irrational behavior by policymakers. To make sense of stocks, bonds and currencies, you might need to discern some of the madness that's unfolding in front of our eyes.
Sep 16, 2014
"Bullying" by the Federal Reserve, European Central Bank (ECB), Bank of England and Bank of Japan (BOJ) has been in place for up to six years, forcing not-so-mighty central banks, savers and investors to deal with the consequences.
Sep 10, 2014
Is your portfolio's fate dependent on Scotland? Why is it that when a place known for haggis, kilts and bagpipes indicates it might want to be independent, the markets pay attention?
Sep 4, 2014
One reason markets tend to get a little nervous in September is that it's time for investors to ponder about their asset allocation for the remainder of the year and beyond. With the markets at or near record highs and the U.S. dollar on a roll, what could possibly go wrong?
Aug 20, 2014
Are you prepared for an “exit”? If the Fed pursues an “exit” from ultra low interest rate policy, are you prepared for an exit from the stock market should things turn South?
Aug 13, 2014
Last week, European Central Bank (ECB) head Mario Draghi talked about the de-coupling of the ECB and the Federal Reserve's policies , policy divergence. Lots of pundits have suggested the same. With due respect to their views, my analysis of the data suggests they are wrong.
Jul 29, 2014
While we are busy arguing whether the Fed's exit will consist of rising rates, reverse repos or the trimming of its massive portfolio, the Fed may well be fooling all of us.
Jul 24, 2014
Once upon a time, there were safe havens in this world, places where investors could hide when the going got rough. If you believe this fairy tale world will persist, pinch yourself.