Bonds and Stocks
Does The Japanese Government Bond Market Face Armageddon? Probably Not.
September 8, 2009
A provocative headline on today’s wire services reports High Frequency Economics founder and chief economist Dr Carl Weinberg predicting a “catastrophic” debacle in Japanese public finances under the incoming Democratic Party government, resulting in a near-vertical yield curve. Insofar as Japan has the second largest economy in the world, Weinberg reportedly further projects that this […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Gold Above $1000
September 8, 2009
In a further sign of receding risk aversion, gold has spiked, stocks gained, and the dollar is off to a bad start in the autumn season of trading. The dollar has fallen by a further 1.1% against sterling, the Swiss franc and Australian dollar. It lost 0.9% against the euro, 0.8% relative to the yen […] More
