As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thi...
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Tag Archive: recession
The Chinese Yuan Countdown Is On
Submitted by SaxoBank's Dembik Christopher via TradingFloor.com,
Currency stability is a prerequisite for China's economic transition
Defending the yuan is prohibitively expensive – China cannot beat the market
Progressive devaluation managed by PBoC...
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Weak CHF during the Fat Years of the Joseph Cycle
In December 2015, the seven year Joseph cycle ended with a Fed rate hike. These lean years of the Joseph cycle started in December 2008 when the Fed lowered rates to the current level. We think that in the next seven year cycle, even the risk-averse Swiss investors will buy more foreign assets, not only the central bank and speculators. Different crises have passed in the three parts of the world, the U.S. subprime, the euro crisis and the Emerging...
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Miserable week that ended a miserable year
it was the S&P 500’s worst since the start of the bull market in 2009, ending the year down 0.73% at 2043.94 points. 56% of the stocks posted losses
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About the Impossibilities of the Common-Currency-Recession-Austerity Cycle
Charles Wyplosz, Professor of International Economics, Graduate Institute, Geneva repeats our arguments in "Who says No to Austerity, Says Yes to the Northern Euro" about the impossibility of getting out of the common currency - recession - austerity - cycle. Similar as we do, he proposes a public...
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