Articles

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Is the Russian Ruble on the path to overvaluation ?

The appreciation movement the Russian ruble is now experiencing for several weeks stands quite firmly. The ruble broke down the 60 RR for $1 now some weeks ago. While it has advantages for Russia and may help to limit inflation, it could also…
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Happy New Year - 2015 was an amazing macro year, 2016 will be even more exciting...

“May the New Year bring you courage to break your resolutions early! My own plan is to swear off every kind of virtue, so that I triumph even when I fall!”  ― Aleister Crowley, Moonchild   2015 was  an exciting macro year,…
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Toute une année de bourse résumée en trois séances hallucinogènes

Je crois qu’il n’y aucune raison de tergiverser pendant 4 pages sur ce qui s’est passé hier sur les marchés. Mercredi soir on a appris que la FED serait patiente avant de monter les taux et les intervenants ont « adoré » la formule.…