Fretting on the Fed: Monitor No.5

Falling returns in the US. Tight money in China. An upswing in Japan. Deflation in India. Gold goes cold. Fretting the Fed on falling CPI and a flattening curve? No need to panic, just yet.

Please click for the latest Monitor.

17-06-20 M4 No5

Japan, sterling & more: Monitor Update

The latest edition can be had here:-

17-06-05 M4 No 3

Including a look at Japanese equities, the US dollar & sterling, the latest US data round, the significance of yield curves, and misconceptions about monetary ‘velocity’.

Courtesy of Cantillon Consulting

Abenomics: one arrow short of a quiver

The craziness that is Abenomics seems to have one flimsy foundation: viz., that Japan’s fiscal situation seems so dire as not to be susceptible of a rational approach. Not that this is any real excuse for the political cowardice which attempts to disguise the problem through gross financial and monetary manipulation.

Please click the link for a thorough analysis:- 16-09-29-mmm-sep-jpn