international

According to Ralph Atkins writing in the Financial Times last week, “the pace of Germany’s recovery is helping dispel fears of a “double dip” recession across the continent as a result of the crisis over public finances in southern European…

“When data contradicts theory in a discipline like physics, there is excitement amongst scientists . When data contradicts theory in finance, there is dismissal.” Robert Arnott Big shift to passive Active management in the equity…

The G20 meeting did not provide much in the way of fresh trading incentives.  However, there were a couple of developments that were noteworthy. The most important of these is the balance struck between growth and fiscal…

As the details of the agreement struck by the key House and Senate conference on financial reform has been embraced favorably by the US equity market, that is being led by the financials, and the foreign currencies.    In the…

G-20 Thoughts I am going to be talking about the G-20 tomorrow at 700 London Time/1200 East Coast Time on BBC World News. The key issue is fiscal consolidation. I am taking the German side of this (see Why I am siding with the Germans on…

By Rob Parenteau and Marshall Auerback on how global ‘fiscal austerity’ benefits bankers and wealthy, well-connected political insiders, while screwing the rest of us. Marshall Auerback is a market analyst and commentator. Rob Parenteau,…

By Marc Chandler of Brown Brothers Harriman Highlights The US dollar has seen its initial gains scored in Asia pared, but the risk is that North American players resume the buying of the greenback.  The euro initially fell to about…

By Marc Chandler of Brown Brothers Harriman. Highlights US dollar was mostly firmer vs. majors, with EUR/USD making new multi-year lows after breaking 1.20.  More jitters about Hungary didn’t help the euro.  Yen was stronger…

This post on macro ideas affecting the global economy originally appeared at Alpha.Sources. With Edward Hugh busy mingling with the economic elite and literally saving Spain one step at the time I thought that it would be time for some…

Yours truly is actually a macroeconomist, indeed with a knack for financial markets, but still; a macroeconomist nonetheless. However, you would not have gotten that impression from the writings here end last week where I worried a lot…