Edit

Great Graphic: Big Mac Index Updated

January 26, 2014
This Great Graphic show the highlights of the latest reiteration of the Economists Big Mac Index.  Since 1986, it has been illustrating the concept of Purchasing Power Parity by looking at the price of  McDonald's ubiquitous Big Mac in various countries.  The spot currency price is as of January 22.  
Norway and Switzerland continue to stand ou…
Great Graphic: Big Mac Index Updated Great Graphic: Big Mac Index Updated Reviewed by Marc Chandler on January 26, 2014 Rating: 5
Edit

Great Graphic: Intl Comparison of Income to the Top 1%

January 26, 2014
This Great Graphic was posted on CNN Money by Tami Luhby.  It shows the percentage income in a eight countries, including the US, that the richest 1% receive.  The lighter bars are for 1981 and the darker bars are for 2009.  The data comes from a new Oxfam report.   
While the 1% in the US command a much greater share of national income than their …
Great Graphic: Intl Comparison of Income to the Top 1% Great Graphic: Intl Comparison of Income to the Top 1% Reviewed by Marc Chandler on January 26, 2014 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Cool Video: Birds Don't Hibernate

January 25, 2014
Until around 1900, the most accepted idea was that birds hibernated during the winter. We now know that many birds migrate. And not to the moon, as earlier observers thought.  This Cool Video from Minute Earth discusses what we now know about bird migration.  




Cool Video: Birds Don't Hibernate Cool Video: Birds Don't Hibernate Reviewed by Marc Chandler on January 25, 2014 Rating: 5
Edit

Currency Positioning and Technical Outlook: Dollar and Yen Shine

January 25, 2014
The biggest move, over the past week, among the major currencies, was the short squeeze that lifted the Japanese yen. Before last week, the yen was already the strongest of the majors against the dollar, rising about 1.0% through January 17. The combination of the drop in US and Japanese equities, and the sharp decline in US bond yields, helped …
Currency Positioning and Technical Outlook: Dollar and Yen Shine Currency Positioning and Technical Outlook: Dollar and Yen Shine Reviewed by Marc Chandler on January 25, 2014 Rating: 5
Edit

Carney Pushes Back, Sends Sterling Reeling

January 24, 2014
The Bank of England Governor refused to consider an early rate hike given that the unemployment rate is nearing the 7% threshold it had previously provided.  At a CBI lunch in Davos, Carney  indicated that the recovery needs to strengthen, and there was "some way to run" before he would sanction higher rates.   
This dovish push back agai…
Carney Pushes Back, Sends Sterling Reeling Carney Pushes Back, Sends Sterling Reeling Reviewed by Marc Chandler on January 24, 2014 Rating: 5
Edit

Markets on Edge, Thankful for the Weekend

January 24, 2014
The markets are on edge.  The heightened state of anxiety is often over-determined in the sense of having many caused.  Now is no exception.  The disappointing HSBC flash China PMI has been widely cited as a key factor.  At the same time, the US House Republicans have indicated that a bill no new spending cuts to raise the debt ceiling is unlikely…
Markets on Edge, Thankful for the Weekend Markets on Edge, Thankful for the Weekend Reviewed by Marc Chandler on January 24, 2014 Rating: 5
Edit

Great Graphic: Euro and S&P 500 Correlation Revisited

January 23, 2014
The outsized rally in the euro and the dramatic sell-off in the S&P 500 begs to review recent developments in this key relationship. Recall that a positive correlation was part of the ubiquitous risk-on/risk-off narrative.   
This Great Graphic, from Bloomberg, shows traces the 60-day rolling correlation of the percent change in the euro and t…
Great Graphic: Euro and S&P 500 Correlation Revisited Great Graphic: Euro and S&P 500 Correlation Revisited Reviewed by Marc Chandler on January 23, 2014 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.