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Marking Time

May 03, 2017
The global capital markets are relatively calm.  Japan, South Korea, and Hong Kong markets are closed for national holidays.  Investors await the FOMC statement, though expectations could not be much lower.  
The disappointing US auto sales, and poor Apple sales figures reported yesterday have had little impact on the broader investment climate.  U…
Marking Time Marking Time Reviewed by Marc Chandler on May 03, 2017 Rating: 5
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Fukuyama on Nationalism and Class

May 02, 2017
Francis Fukuyama is one of the big thinkers of our generation.   The question he asked in his 1989 essay "The End of History?" was answered in his 1992 book "The End of History and the Last Man."  The question was droppedin favor of a simple declaratory sentence.  History, characterized by ideological conflict, was over.  Weste…
Fukuyama on Nationalism and Class Fukuyama on Nationalism and Class Reviewed by Marc Chandler on May 02, 2017 Rating: 5
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Dollar and Yen Heavy, Equities Trade Higher and Bonds Lower

May 02, 2017
The US dollar is sporting a softer profile against most of the major and emerging market currencies.  The Japanese yen is the main exception.  The greenback is rising against the yen for the fourth session and the sixth of the past seven.  The dollar's gains against the yen coincide with the 10-12 bp recovery in the US 10-year yields over the …
Dollar and Yen Heavy, Equities Trade Higher and Bonds Lower Dollar and Yen Heavy, Equities Trade Higher and Bonds Lower Reviewed by Marc Chandler on May 02, 2017 Rating: 5
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May Day Calm May Day Calm Reviewed by Marc Chandler on May 01, 2017 Rating: 5
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