As an investor you have an almost limitless choice of where to place your money and what degree of risk to accept. There’s little doubt that modern technology has made it easier than ever to dabble in stocks and shares but despite this, investing in physical gold remains as popular as ever. The boom in […]
Has anything changed? — FIU
Many questions have been asked as to why there was such a dramatic move to higher US Treasury yields last week. And amid those questions there have been many statements as to how the bond market will perform for the next quarter. Firstly, as I pointed out last week, the “Big Compromise” does little to […]
Distortions are all over the markets again – shows so many in the market really lack the conviction of their statements — FIU
And the risk markets are always hoping for Central Banks to intervene and to bail them out. This continues to look like a pyramid scheme. The latest optimism comes today from a Chinese press report suggesting that the Chinese will cut the Reserve Requirement Ratio in the coming weeks, ahead of most analysts expectations. It […]
Betting on a return of the Deutsche Mark! — FIU
Betting on a return of the DeutscheMark! Whilst the news yesterday centered on the fall in US 10yr Treasury yields to levels not seen since 1946, the bigger news maybe that the new German 2yr Bond at one stage yesterday traded above 100. Given that the coupon on the Bond is zero percent than that […]
The Deflation risk continues to grow — FIU
The Deflation risk continues to grow. Yesterday’s Richmond Federal Reserve Manufacturing Survey was weaker than the market consensus, and similarly to the Phili Fed survey I highlighted last week, will begin to worry the FOMC that deflation is coming back to worry the Manufacturing Industries. We are back into territory that has triggered further monetary […]