Browsing Tag

quantitative easing

Another Piece of the Yen Puzzle

Investors and policy makers alike are befuddled by the yen. Its strength continues to defy the traditional explanatory models that typically give a privileged position to risk appetite, interest rate differentials, or external positions.…

The Problem With QE2

by Comstock Partners Economic growth remains extremely subdued and a double dip is still a strong possibility. In the first 4 quarters of the current recovery ended June 30th, GDP increased at a rate of 3% annualized, compared to an…

The Land of the Rising Dollar

Next week, which may be considered one of the most important weeks of the year, brings a host of important events and data releases that many investors have been waiting for. The week technically kicks off tomorrow when the US reports 3Q…

A Shift in Policy Tones

Highlights The US dollar is retaining its new found firm tone.  Position adjusting ahead of next week’s key events continues to dominate, encouraged by the loss of the dollar’s downside momentum.  Softer Australian CPI (2.8% in…

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