Monthly Archives: March 2021

Greenback rebound stalks the risk trade (again)

Posted on March 31, 2021 by Danielle Park

After peaking a year ago at just over $102, the US dollar against a basket of global currencies sank to $89.20 in early January as the consensus predicted further dollar weakness and commodity strength.  Something else happened.  The dollar index … Continue reading →

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Four Reasons Wall Street is Wrong on Inflation

Posted on March 30, 2021 by Danielle Park

Longer-term government bonds are selling off, and their yields are rising, as commodity speculation and inflation expectations have leapt over the past seven months.  Central banks are throwing everything they have to maintain asset inflation because they cannot inflate wages, … Continue reading →

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‘Creative finance’ magnifies risks inherent in present market climate

Posted on March 29, 2021 by Danielle Park

This story hints at the fragility and solvency risks endemic in the current market climate. Credit Suisse and Nomura are warning investors of significant losses after U.S. hedge fund Archegos Capital defaulted on margin calls. Here is a direct video … Continue reading →

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