Articles

Macro Digest: Another week, Another Brexit vote - The momentum now clearly with orderly divorce from the EU
Summary: Another week, another Brexit vote. PM Johnson keeps trying and pushing for a Brexit by October 31st. Meanwhile Labour is trying to force a 2nd vote and to stall process to force extension to minimum January 31st. Saxo Bank…

Les taux et l’étau qui se resserre
La séance d’hier c’était le genre de journée qui fait qu’on se demande si on n’a pas meilleur temps d’ouvrir la bourse une fois par semaine juste pour faire un fixing et retourner jouer au golf.
Assis sur un banc
Que…

Marchés financiers : les signes de la dégradation
Nicolas Chéron analyse sur SicavOnline la dynamique baissière qui conduit l'économie mondiale à la récession.
https://www.youtube.com/watch?time_continue=1&v=2ONftjZraRY

C'est Cash, la nouvelle émission économique d'Olivier Delamarche
Un programme animé par Olivier Delamarche en compagnie d'Estelle Farge sur RT France où l'économiste présente sa vision de l'économie mondiale et les scénarios possibles pour l'année 2019, toujours très Cash.

Steen’s Chronicle: welcome back to the 1970s
In
1976, the author Astrid Lindgren of Pippi Longstockings fame incurred a
102% marginal tax rate by the Swedish Government,
she countered by writing a satirical fairytale, "Pomperipossa in
Monismania" - I think the title explains itself.…

Macro Digest: It's not Turkey, it's the debt cycle
There is currently a lot of focus on Turkey, and for good reason, but Turkey is really only a second or third derivative of the global macro story.
Turkey represents the catalyst for a new theme, which is “too much debt and current account…

Macro Digest: Deficits matters again - revisit to 1980s ? CNY and JPY in focus - deficit vs. surplus
Part of the ”Chinese panic” is the rising current account deficit….
Conclusion:
China needs weaker CNY- we see test and potential break of 7.0000 inside next one year
JPY is a turning point – close to being our highest…