From 20,000 Feet, NZD Looks Set to Free-Fall This Year, Without a Parachute
The NZD/USD appears to have broken out of rising trend in place since mid-2015, and now developing a declining trend. Its fall in the last week or...
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March Transition
US equities are flirting with a topping sequence if key sectors fail to hold gains. Tech is the underperform short hedge. Transports having trouble...
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Escaping Catch-22 Monetary Policy—Looks Like A Fed Rate Hike Is Coming in March
We have over the last two years used various analogies from literature to quantum physics to describe the absurd situation the Federal Reserve has...
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Yellen Greenlights March, Emphasizes Gradual, but Risks Have Shifted Toward More Hikes This Year
In a speech that was largely an historical account of the evolution of policy, Chair Yellen emphasized a gradual pace of policy tightening, while...
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Fed Already Behind the Curve, USD Looks Cheap Compared to Yield Gaps, NZD Expensive
Alternative measures of core inflation in the US, including the Dallas Fed’s PCE trimmed mean measures, show inflation is now very close to the...
157 Views