speculation

The Japanese Yen reached a new all-time high against the U.S. dollar fuelling speculation that the Bank of Japan will forced to intercede to ward off speculators. With the prospect of repatriation of profits back to Yen, the currency has…

If you want an accurate explanation of quantitative easing, here it is. I am going to describe the basic mechanics and the transmission mechanism to the rest of the economy. To the degree there is official documentation on the mechanics, I…

Below, INET's Rob Johnson interviews Richard Koo, Chief Economist at Nomura and author of the 2009 book "The Holy Grail of Macroeconomics, Revised Edition: Lessons from Japans Great Recession" on how his theory on the Japanese…

China threw in a surprise trade deficit number this past month. However, It looks to be a one off. UBS' Andy Lees in London explains: The February trade numbers slipped to a deficit of USD7.3bn. The number is usually volatile at this…

About a year ago I wrote a post called "Out of control US deficit spending". The purpose of the post was to begin a series of posts presenting the modern monetary theory (MMT) framework from a deficit hawk's perspective, what I…

By Marin Katusa, Casey’s Energy Report The oil picture is always complex, but right now things are about as complicated as they can get. The unrest in Egypt has settled for the moment, but the future there is not yet clear as the…

Here's a morning note from UBS' Andy Lees in London on core inflation that made me think. Andy writes: Opinion – By focussing on core inflation rather than headline inflation, central banks are making a major policy mistake. Because…

By Claus Vistesen As the debate between the inflationistas and deflationistas appears about to rev up again, I thought that I would try to put pen to virtual paper and sketch out my thoughts on the matter. The specific catalyst for…

You have to watch this video to believe it. The speculation in the commodities market is well out of hand. Cotton futures are at a record high on speculation that demand in China will continue to increase, as China is the world’s largest…