Earlier this week, I wrote a post about the lack of growth in Mexico. In the five years leading up to the pandemic, Mexico’s GDP growth ground to a halt, even as growth in the US was strong. In the ...

We had said that our previous note would be the last one of the year. But writing this from the mountains in Greece during the holidays, we felt it was worth making an exception. Not to revise a call, ...

Tariffs are creating GREAT WEALTH, and unprecedented National Security for the USA. Trade deficit has been cut by 60%, totally unheard of. 4.3% GDP, and going way up. No inflation!!! We are respected ...

Moody’s Analytics chief economist Mark Zandi cautioned against drawing premature conclusions about the strength of the economy, warning the recently announced 4.3 percent GDP growth is “fragile” ...

Back when I worked at Goldman, I remember one particular Fed meeting when the central bank had hiked but - to my complete consternation - the Dollar fell. I asked the head of currency trading at the ...

A rebound in mining output supported a bounce in U.S. industrial production in November, but manufacturing remains depressed. Industrial production rose 0.2%, slightly better than expected, following ...

As we reach the final days of 2025, the currency markets stand at a fascinating crossroads. This year has been defined by a Great Divergence, a period where long standing economic trends were upended ...

Despite mortgage rates declining a full percentage point from 7.26 percent in mid-January to 6.29 percent in mid-December, existing home sales have gone virtually nowhere. In November of 2022, ...

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period: ...

Preliminary estimates for December indicate that the index increased by 0.7 per cent (on a monthly average basis) in SDR terms, after increasing by 1.4 per cent in November. The non-rural, and base ...

Has China yet surpassed the United States in aggregate economic power? Perhaps not. Although China’s GDP, at market prices and exchange rates, is still much lower than that of the United States, the ...

Over the past seven trading sessions, USD/JPY has lost nearly 1% of its value, with movements favoring the Japanese yen and weighing on the U.S. dollar. A new wave of short-term selling pressure has ...