Greenback Remains on the Defensive, While Stocks and Bonds Come Back Better Bid north Overview: It seems the dramatic reaction in the capital markets and the collapse of consumer confidence (and erosion of public support for its policies) prompted the Trump administration to postpone the reciprocal tariffs. And after the markets closed Friday, it announced posted its website [...]
Week Ahead: Liberation Day Leaves the Dollar Unloved north The global capital markets continue to reel from the profound changes being ushered in by the new US administration. It is arguably too soon to see the economic impact as efforts to get ahead of the US tariffs may be goosing some measures of economic activity. The government and private sector [...]
After Stocks and Bonds were Roiled, It is the Dollar's Turn Today north Overview: The trade war continues to roil the capital markets. The US corrected itself and said that rather than 125%, tariffs on China have been raised by 145%. And China retaliated by hiking the tariff on US goods to 125%. Of course, the sensitivity of demand to price increases (elasticity) [...]