Tag: aussie dollar
Ever since the big crash of 2007 – 2009, I have been forecasting a deflationary depression for the global economy. I realise this is a very bold call. Some would even say it is totally nuts given today’s ‘Goldilocks’ economy.. What could possibly go wrong?
Wednesday’s Fed rate hike and Thursday’s ECB hand-sitting produced some seemingly perverse moves in the dollar. The immediate action in the euro on Wednesday was to rally, despite the increased interest rate differential in the US’s favour. Odd. Then on Thursday, Draghi did what he
Market Commentary I was away at the MoneyWeek Conference last week where I gave a talk entitled: “How I make profits in today’s volatile markets’. And just to emphasise the point that today’s markets are indeed extremely volatile, the firs two speakers had diametrically