Insights

 

Economic Outlook
July 11, 2011 Posted by
Ron White of Blue Collar comedy fame has claimed that “people learn things” when he drinks. As an example, he cites the time a cab driver learned that when Ron says, “I gotta yak,” it doesn’t mean he has a hairy buffalo tied up in his backyard.
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FX Outlook
July 11, 2011 Posted by
After weeks of negotiations it looks as if some temporary resolution to the Greek debt was found and the rating agencies seem to be onboard. The restructuring and rolling out of the debt will not be defined as a default, providing Greece access to another EUR 70 billion which should enable debt payments to be made.
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Wine Industry; Europe
July 11, 2011 Posted by
It is the last day of final exams at Oxford University. Euphoria is in the air, along with the fragrance of fine sparkling wine as it flows freely through the college quadrangles. Students are celebrating the end of another grueling examination season.
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Economic Outlook
July 05, 2011 Posted by
For months now, markets have been made well aware that the Fed would end QE2 on June 30. During the same period, we’ve heard from all kinds of pundits that rates will have to rise once such a large buyer of Treasuries is taken out of the markets.
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FX Outlook
July 05, 2011 Posted by
The U.S. dollar's importance as a reserve currency has been declining for more than a decade. The highest percentage, 70.9 percent, was reached in 1999 as compared to the 2010 level of 61.4 percent. The value of the dollar, as measured by the Dollar Index (DXY), has declined over the same period.
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Quarterly Economic Report
July 01, 2011 Posted by
The economy continues to grow, but — using the Fed's language — at a "measured pace" ...
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Observation Deck
July 01, 2011 Posted by
With QE2 now complete, the ongoing debate centers on whether the Federal Reserve Board should or will implement another round of quantitative easing. However, there are significant current differences that argue against the need for a QE3 ...
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Economic Outlook
June 28, 2011 Posted by
Watching the quotes flit by on my Bloomberg last Wednesday regarding the FOMC meeting, I must admit to being quite bored. This was a very unusual and unsettling feeling as I typically enjoy market events — whether good or bad.
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