Monthly Archives: April 2011

Consensus in January 2009 was that the future in the West was low-growth and low–inflation (as was typically the experience following prior banking sector busts that influential economists had advocated as models for our present predicament, and rather consistent with … Continue reading →

Convincing breakdown in JPY trade-weighted index (TWI) – notably vs EUR and vs emerging market currencies.  Stunning reversal as we broke 1995 low, triggered technical models and reversed.  Rising global short rates (clearly in the developed world just the beginning … Continue reading →