US Current Account Balance as a % of GDP
Falling Fed deficits have neutered any serious efforts for fiscal reform. The trend is not our friend in this regard.
Cash out of favor now… but for how long?
“Similarly today, it is both painful and career risky to part with your increasingly beloved cash, particularly since cash has…
S&P 500 Index and MSCI Emerging Markets Index
EM stocks have underperformed the S&P by 80% since 2011. Year-to-date this trend has begun to reverse course.
Trade-Weighted Chinese Yuan and Chinese Seasonally Adjusted Exports Year-over-Year
The Yuan is up 13% over the last year, which is clearly affecting exports. This likely means more rate cuts…
Weekly Insights
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Evergreen Exchange
Two nays and a yea. There’s little doubt that the two most important developments in the financial markets over the…
April 10, 2015
Two nays and a yea. There’s little doubt that the two most important developments in the financial markets over the…
Price-to-Sales Ratio
Japanese blue chips trade at steep discounts vs. their US comps. Also, many are working to improve profitability.
Future growth hindrance
This cycle unemployment and the population % not in workforce have diverged, the latter will hinder future growth.
Surge in demand from lower oil
Lower gas prices have certainly stimulated driving, clearly indicating rising demand.