2018

A lot of people are still watching the flattening yield curve and distress in EM. And while I think both of these events are important, I am looking at a lot of other market signals, particularly US domestic credit markets. Here are some…

I am back after a week away from the site. Politically, it was a pretty eventful week. On the economy and market side, it wasn't as dramatic. But I do have a few thoughts to start the week on what's relevant. 1. Sentiment shift on Mueller…

JPMorgan Chase's price target reduction for Tesla is the clearest indication yet of a shift in sentiment that investors should see as a broader risk-off marker.

I wasn't able to get a daily off yesterday nor will I be able to a full-fledged one today. But I will post today. Just a reminder: next week, I am on holiday. And so I don't know how much writing I will do, if any. Let me start today more…

Since the failed military coup d'etat in Turkey two years ago, the relationship between Turkey's President Erdogan and his western NATO alliance partners has been strained.

This post explains why the BoJ's latest move is a tightening of monetary policy.

I am looking at the emerging markets turmoil as fundamentally strong dollar-driven. But other central banks may enter the picture soon.

A general challenge facing competition authorities in the digital era is learning how to apply the traditional tools of competition policy in multi-sided platform environments. This column argues that the Google Android case offers a great…

Daily post from Credit Writedowns with stories on inequality, China Turkey and Tesla

Despite a 43-year low in UK unemployment rates, wage earners are losing ground. As the Bank of England decides how to respond, we can see signs of a global tightening in monetary policy.