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Trump Spat further harms Fiscal Reform

Dollar clinging to recent gains The dollar is clinging on to recent gains buoyed by the hope that hawkish Stanford University Economist John Taylor will become...

Everyone is Lusting for Risk

Something occurred to me. It happened during an interview that I gave yesterday for one of our media partners in France. It must have been...

Hard Brexit Moves Ever Closer

May struggling to find common ground Theresa May the British Prime Minister spoke to her (for now) fellow EU Heads of Government last evening in...

Yellen’s Guidance Supports Dollar

Removal of data dependency signals rate rise The combination of the removal of data dependency when making interest rate decisions, combined with the removal of...

We Don’t Have a Clue

Hi Everybody, By far the favorite social network for journalists and second favorite for financial buffs is Twitter. At least for now. The hallmark of this...

Hawkish Yellen drives Dollar Higher

Rate Hikes not data dependent In a speech yesterday designed to provide advance guidance not just for Fed actions in Q4 but going forward into...

RIP Repeal & Replace

Hi Everybody, The political situation in the United States just went from bad to worse and I'm not even talking about North Korea, I'm talking...

May Offer to Push Sterling Higher

Prime Minister to offer Eur 20 billion to Break deadlock In a speech to EU leaders in Florence later today, Theresa May will stake her...

Fed Signals December Rate Hike

Withdrawal of QE to start next month The latest two-day FOMC meeting concluded yesterday with Fed Chair Janet Yellen announcing that the Fed will start...

Brexit Concerns still main driver for Sterling

“Mutual exasperation” needs to be overcome Since June when it broke significant resistance against the dollar, the Euro has been on a singular path. Versus...

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