Let’s start with the US economy where we continue to see debate around the trajectory of inflation rates.  The Fed economists view the core PCE price index as the most important inflation indicator for the US. And on Monday that measure came in softer than forecast. This plays into Janet Yellen’s recent skepticism about the […]

For the first time since January 2009, 12-month Saudi Interbank rates have breached 2.00% – double the 1% lows of August.   This ‘stress’ is also evident in the record pace of collapse of Saudi money-supply.    While Riyal forwards have rallied back from extreme bets on devaluation, they remain concerning for Saudi officials who to undertake […]

A momentum strategy is a favorite approach for many investors out there. Who doesn’t like the idea of buying a surging stock or ETF and riding it to even bigger gains? However, in uncertain market environments, like we find ourselves in today, you need to consider safety too. Equities have been extremely volatile as of […]

About that Deflation! Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinzō Abe, all of the preceding forgot to get the opinion of consumers. Here’s the real deal on alleged deflation: An increasing number of Japanese elderly are repeat shoplifters, trying to get caught, hoping […]

The US dollar is not looking as strong as it used to be. The team at NAB analyzes: Here is their view, courtesy of eFXnews: Policy announcements from the ECB and the Fed in the last few weeks go some way to support the theory that G20 Central Bank governors came to a tacit agreement at their […]