Larry's Blog
Fate, Stress of the Job, Divine Intervention or Just Sheer Coincidence
March 5, 2026
Whatever the reason, there is a pattern of short-lived retirements of American presidents who presided over the country’s major wars. It starts with James Polk, a one-term president for the four years through March 4, 1849. It was on his watch that the Mexican War was fought between April 1846 and February 1848. As a […] More
Central Bank Watch
Another Polish Interest Rate Cut
March 5, 2026
The National Bank of Poland lowered their policy reference interest rate to a 4-year low of 3.75% from 4.00% yesterday in what had been an expected decision in spite of the elevation of geopolitical uncertainties this month. The new level is 300 basis points below the peak of 6.75% between September 2022 and July of […] More
New Overnight Developments Abroad - Daily Update
Dollar, Bond Yields and Commodity Prices Up and Another Momentum Shift in Equities
March 5, 2026
As has often been the case during the Iran war, there has been other equity market reversal between Asia’s and Europe’s trading day. Stock market indices rebounded 9.6% in South Korea, 2.6% in Taiwan, 1.9% in Japan, 1.8% in Indonesia, 1.1% in India, 0.9% in Malaysia and 0.6% in China. However, markets in Germany, Italy, […] More
