Anticipating Further USD strengthening

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Markets begin to price in tighted U,S, (and UK) central bank policies.

Readings: Juy 19, 2015

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  >> Blog/Free Exchange: Sorry to Burst you Bubble (The Economist)   New Research suggest it is debt, not frothy asset prices, that should worry regulators. Research by Oscar Jorda, Moritz Schularick and Alan Taylor from the National Bureau of Economics Research review bubbles in housing and equity markets over the last 140 years.  The severity of the following crisis and speed of recovery … Read More

Readings: July 13, 2015

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>> Blog/Buttonwood: The Debt Trap (The Economist)   The Developed World has not Found an Answer to its Debt Problem.

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