What Should Be Done About Asia’s Undervalued Currencies? Those who worry that the renminbi, yen, and won are undervalued vis-à-vis the dolla...
THE U.S. BARES ITS FINANCIAL WEAK SPOT / THE FINANCIAL TIMES OP EDITORIAL
The US bares its financial weak spot Yen intervention points to the squishy underbelly of American weakness Katie Martin US involvement in t...
THE DEATH OF FIAT / MACLEOD FINANCE
The death of fiat Fiat will die considerably quicker than anyone thinks. It is oil which will kill them off this time, starting with Japan’s...
WILL THE YEN NEED SAVING AGAIN SOON? / THE WALL STREET JOURNAL EDITORIAL
Will the Yen Need Saving Again Soon? The effects of a recent government action already are fading. By The Editorial Board Dado Ruvic/Reuters...
YEN SINKS AS EFFECT OF U.S.-JAPAN INTERVENTION FADES / THE FINANCIAL TIMES
Yen sinks as effect of US-Japan intervention fades Currency gives up roughly half its gains from joint action with investors citing lack of ...
BESSENT`S GAMBIT / CREDIT BUBBLE BULLETIN
Bessent's Gambit Doug Nolan Let’s start with weak July non-farm payrolls. For now, I’ll continue to downplay weak payroll data (loss o...
THE REAL MESSAGE IN THE YEN INTERVENTION / THE FINANCIAL TIMES MARKETS INSIGHT
The real message in the yen intervention The dollar’s status as a reserve currency is not what it used to be Barry Eichengreen Satsuki Katay...
MORE UNBELIEVABLE / CREDIT BUBBLE BULLETIN
More Unbelievable Doug Nolan Quite a bit of Year 2026 theme ammo this week: “Expect the Unbelievable.” How about a hedge fund started in 202...