What Happens When The Dollar Double Whammy Lands On You (Again)
A recent poll in Brazil showed that one-third of Brazilians favor “military intervention.” The country had been gripped by a crippling trucker’s strike, the results of which have been almost complete economic shutdown. Intervention, as [...]
Beneficiary Audit
Do you want your ex-spouse to get your money when you die? Or how about someone that’s fallen out of your good graces? No matter what your will says, the beneficiary form you signed [...]
Bi-Weekly Economic Review: As Good As It Gets?
In the last update I wondered if growth expectations - and growth - were breaking out to the upside. 10 year Treasury yields were well over the 3% threshold that seemed so ominous and TIPS [...]
It’s A Dollar Double Whammy, Just Not Theirs
First it was inflation. No, it was nuclear war in Korea. Then something about T-bills and government debt. And the ECB tapering while others were, too. Of course, before any of those there was 2a7. [...]
Brent’s Back In A Big Way, Still ‘Something’ Missing
The concept of bank reserves grew from the desire to avoid the periodic bank runs that plagued Western financial systems. As noted in detail starting here, the question had always been how much cash in [...]
Another Confesses The Impossible, We Might Not Have Known What Were Doing
When you go around claiming that central bankers don’t know the first thing about money, people tend to think you are crazy. It’s not really their (people’s) fault. Not only have we been conditioned to [...]
Chart of the Week: DB, €, ‘$’
In a week which renewed the world’s mystified acquaintance with Deutsche Bank, there are only a couple charts that could justifiably represent it. The chaos caused by Italy wasn’t, of course, really just Italy. The [...]
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