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Monthly Archives: June 2017
Sri-Kumar: IMF overly optimistic on global growth, Fed stuck
For some reason Bloomberg only posted a 2:23 minute clip of Komal Sri-Kumar’s appearance on Surveillance yesterday morning. Here is a direct link to it. However the preceding insightful discussion can be watched by advancing the play bar below to … Continue reading
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The faulty narratives driving asset markets
An estimated 75%+ of global market transactions are now driven by algo-wielding computers rather than humans. Moving at lightening speed, buy and sell orders trigger on data flow and headlines ‘fake’ and not. The prevailing thesis held by many, is … Continue reading
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Central banks: big talk carrying only the nub of a stick
Central bankers are out in force this week, talking up their growth and inflation expectations once more (that have been wildly optimistic and wrong for years now). In truth they all remain consumed with the same aspirational powers and self-delusion. … Continue reading
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