I stopped by Bloomberg near midday to talk with Vonnie Quinn and Shery Ahn. We talked about many macro issues, but this clip that Bloomberg provided covers is the one topic that has overshadowed the big rally in US equities, tax reform and Matt Lauer: Bitcoins. In this two minute clip, I mention that despite …
Cyber currencies and their underlying technology, the largely self-imposed drama in the US and UK, and the North Korea’s apparent acquisition of nuclear capability are among the significant macro developments this year. There is another development that like the others was a long time in the making, but seem to have reached a critical mass. …
The US dollar is broadly firmer. The rise in US yields yesterday has seen the greenback extend its recovery against the yen. It briefly pushed through JPY112.40, after dipping below JPY111.00 at the start of the week, for the first time since mid-September. Since the end of last week, been capped at the 200-day moving …
US Dollar Comes Back Bid, but Brexit Hopes Underpin Sterling Read More »