One Man Stands Between Us And Total Currency War
But Kudlow isn’t the president. Donald Trump is. After recent events, markets are now drastically raising the odds that someone will push USD down.
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Three Factors Swinging Against Trump 2020
A lot can change in a few short weeks. From farm states to gun-wary suburbs, the economy isn't the only issue driving political decisions this cycle.
Who Is Buying All These Negative-Rate Bonds?
A search through my Bloomberg shows that a decent amount is owned by indexed bond funds based in the U.S. And there they are, lurking in your IRA.
Gundlach: Negative-Yielding Debt to Push Gold Higher
With the yield of zero, gold has a higher yield than bonds. And if you store the gold, you now have a lower cost of carry than you do on bunds.
Buffett's $122 Billion Problem
He is known for his distaste for holding on to large hordes of cash. As he famously stated in his 1998 letter: "Cash does not make us happy."
How A Strong Dollar Turned Into A Wrecking Ball
What’s good for dollar bulls is bad for many others. The surge tends to erode the profits of U.S. multinationals that help power the U.S. economy.
The Macro Trade Of The Century Has Kicked In
Crescat Capital founder Kevin Smith was happily crafting an update on his fund performance: up 16% in a matter of days when the market was sinking.
