2012

There have been four noteworthy developments today that will shape the investment environment.

In 2008 and 2009 I argued that the crisis we were undergoing would affect every major economy in the world, but not necessarily at the same pace. I said that China would be the last major economy to emerge from the crisis. Why? Because the…

Note all components are above the 10-year Treasury yield.

The US dollar is continues its broad rally as doubts over Greece persist, although currencies continue to trade in relatively tight ranges. While European drama continues to command attention, the yen has quietly depreciated and is now at…

So Greece has finally been awarded a second bailout. One may wish the country will live to tell the tale. According to IMF DG Christine Lagarde, speaking at the post agreement press conference, “It’s not an easy (program), it’s an…

Wealthy backers boost Republicans - FT.com Sheldon Adelson, the Las Vegas casino magnate whose family has spent $11m backing Newt Gingrich for the Republican presidential nomination, says he may give…

The official creditors won the battle. Greece will be given the money so that they can service their debts. They will have an EC task force embedded into Greece to push for compliance and the escrow-like account ensures a priority to debt…

The latest deals bring to mind the days of mega mergers and technology stocks of days gone by.

The US dollar is advancing against the majors and most EMs as the “sell the fact” theme prevailed following the approval of the Greek bailout. Note, of the €130 bln aid package, the vast majority (roughly 85%) is being used to bail out…

The ECB and BOE have shown their intent with their recent aggressive balance sheet expansions and the Fed is trying hard to keep the door open for more QE even as the data in the US continues to defy the general global slowdown. In Asia…