United States

by Michael Pettis I apologize for taking so long to write but for the past two weeks (and the next five days) I have been travelling for conferences and meetings.  I spent last week in Buenos Aires at the 75th Anniversary Conference…

By Annaly Capital Management Ireland’s rating downgrade by Standard & Poor's on August 24 and the related news of its struggling millstone, Anglo Irish Bank , bring our attention back to the ongoing challenges facing sovereign entities…

by Edward Hugh The modern world moves at a breathtaking pace, even when most of us find ourselves on holiday. No sooner do we receive, read and start to digest one set of economic data than we find ourselves pushed to think about what the…

A personal note of reflection from Mike Farrell, CEO of Annaly Capital Management. It had been a long time between vacations. Credit crunch, lending implosion, sovereign credits going into default, currency devaluations, government…

Source: Casey Research

I am trying to make sense of the revaluation talk that surrounds the Sino-American trade relationship. Here are some thoughts on the issue.  Your comments are appreciated. In the 1920s, the United States was the Alpha Creditor…

PIMCO is out with its secular outlook for the UK. PIMCO Portfolio Manager and EVP Michael Amey comments on growth and inflation and their effect on UK assets in the new normal of deleveraging, greater regulation and de-globalisation. …

A post by Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman. The G20 finance ministers and central bankers are meeting in South Korea to prepare for the summit in Toronto in a few weeks time.  There seem to be…

By Doug Hornig, Casey Research Recent decades have witnessed an amazing shrinkage of the American manufacturing sector, from #1 in the world to virtual non-existence. Companies, taking advantage of cheaper labor costs abroad, have…

To paraphrase Shakespeare, things are indeed rotten in the State of Denmark (and Germany, France, Italy, Greece, Spain, Portugal, and almost everywhere else in the euro zone). An entire continent appears determined to commit collective…