Markets

In characteristic form, the currency traders and those who trade in what is dubbed "financial news" woke up last week and discovered, à la Rip Van Winkle, that the Swiss franc was a haven currency charging higher. Never you mind that it has…

Remember, this is a solvency crisis too, not just a liquidity crisis.

We’re watching an interesting development in Brazilian equities. Over the past five trading sessions the BOVESPA has doubled the performance of the S&P500, up 12 percent vs 6 percent

Investors shunning US debt ‘for whatever reason’ presupposes the outcome. I need to see the steps that get us from 2.25% 10-year rates to 4 or 5% without the Fed actively raising rates because the only way rates are going higher is because…

As usual, I find Felix Zulauf’s commentary very perceptive. He has been right consistently for the whole of 2011 in predicting where things have gone. What he is saying is that the fundamentals in the west are weak and now that growth is…

The first is the size of the ECB bond purchases. Second, the Franco-German summit tomorrow attracts attention. Third, the market continues to pare long Swiss franc positions with the local press suggesting the SNB and government may take…

Two charts showing the latest trends in markets around the world

The classification of assets according to such dreary concoctions as "mid-cap growth," comparative asset benchmarks is now over.

The front page of Germany’s top selling newspaper, Bild, “has forsaken its usual topless model in favor of gold bars… which the paper is giving away all day."

Comstock Partners present lengthy lbullet points supporting thesis that secular bear market is still intact.