The U.S. Dollar Collapse Is Greatly Exaggerated
The US Dollar Index has lost 10% from its March highs and many press comments have started to speculate about the likely collapse of the US Dollar as world reserve currency due to this weakness. These...
View ArticleThe U.S. Will Not Recover Pre-Crisis Jobs Copying The Eurozone Policies
The employment recovery in the United States is as impressive as the collapse due to the lockdowns. In April I wrote a column stating that “The U.S. Labor Market Can Heal Quickly”and the improvement...
View ArticleThe Recovery Stalls
The Economic Sentiment Index of the European Commission for August shows that the recovery of the European economy is slowing down. Not only has the pace of recovery slowed significantly, but the data...
View ArticleNew Lockdowns Could Lead Europe to Economic Depression
The rise in Covid-19 cases in countries like France and Spain has increased the risk of newlockdowns. Governments should understand by now that shutting down the economy is highlyinefficient and...
View ArticleFundamentals Do Matter
One of the most repeated sentences in the financial media is: “do not fight central banks”, making the argument that you have to be invested in equities and especially in the most cyclical part because...
View ArticleFurloughed Jobs Disguise The Eurozone Employment Crisis
The United States jobs recovery slowed down slightly in September, but the employment recovery is still faster than in most comparable economies. The jobs report showed a healthy 661,000 gain in...
View ArticleCentral Bank Digital Currency, A Growth Or Financial Repression Tool?
The main central banks have been discussing the idea of implementing a digital currency. The rationale behind it escapes many citizens. Most transactions in the main global currencies are conducted...
View ArticleUnited States Elections: The Risk of Copying Europe
The United States election campaign is focused primarily on how much will the next president spend and the measures to combat coronavirus. Both issues should point to one conclusion: Unlike what...
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