The banking crisis is shifting rapidly and it’s fluid due to the complex and interconnected global financial system. This update will likely outdate itself by this weekend or next week as the drama unfolds. I began this series by penning a summary of what occurred...
The situation across Europe has changed considerably since penning Part 1, 2, and 3 (Twitter thread) in September of last year. Any positive outcomes since the fall are likely short-lived amidst a bigger picture taking shape that’s detrimental to Europe’s economy, and...
Six months ago, investors and savers were expecting higher interest rates after years of near-zero returns on cash, and the game reversed course almost overnight when the Fed hit the pause button in Dec. 2018. I covered that reality show with “How it Sounds When Fed...
Europe’s beginnings go back to fifth-century B.C. with the birth of democracy in Greece and the Roman Empire and joint efforts during The Crusades that defended continental Europe against Muslim armies. In the 21st century, the sovereignty of European nations is under...
The dominant theme in financial markets this week that will have implications for cross-border currency valuations are monetary policy decisions by the Federal Reserve, Brazil, Russia, Switzerland, and the U.K. The China trade war negotiations will inject significant...