News and Commentary

ECB Needs to Act Now

Mario Draghi should act now rather than later if he wants to stem the rising Eur/Usd tide. His patience has seemed to have worn thin, telling reporters in Washington this past weekend, “The strengthening of the exchange rate requires further… Read More ›

Yellen the Dove

I was wrong about the tone of Yellen’s speech. I thought she would remain on the “less dovish/hawkish” side but the speech says different.  “I think this extraordinary commitment (to encourage growth) is still needed and will be for some… Read More ›