Larry's Blog
Comments on U.S. Political Scene
January 16, 2015
Obama’s Economic Record This coming Tuesday marks the completion of the sixth year of Obama’s presidency. Three-fourths of his stewardship belongs to history, which presents a convenient opportunity to calculate how the economy has done during the period so far. The economy was in an expansionary phase for all but the first five months of […] More
Foreign Exchange Insights and Next Week
Next Week
January 16, 2015
Central Bank Watch: Policy meetings in Euroland, Japan, Canada, Brazil and China, plus the release of Bank of England minutes. Speech: President Obama delivers the 2015 State of the Union Address Tuesday before a joint session of Congress. Holidays: Martin Luther King’s Birthday in the United States on Monday. Meetings: World Economic Forum in Davos, […] More
New Overnight Developments Abroad - Daily Update
Waiting for a Slew of U.S. Data
January 16, 2015
U.S. economic statistics will be released today on consumer prices, industrial production, consumer confidence, and capital flows with other economies. We arrive at this juncture after five straight daily declines in U.S. share prices and one of the most volatile currency market days ever. In forty years of forex market watching, I can not recall […] More
