OECD Growth forecasts
Here Comes the Sun: Less Fear and More Hope
March 9, 2021
Investors are believing more and more that 2021 is gonna be a good year at least for those fortunate enough to have survived 2020. The OECD revised up projected growth this year rather substantially. The mistake of 2009 when the U.S. Congress opened fiscal spigots insufficiently isn’t being repeated. The $1.9 trillion American Rescue Plan […] More
And the Dollar Downbeat Goes On
September 16, 2020
FOMC Day in America finds the dollar struggling to tread water. The U.S. currency slipped further to a 16-month low against the Chinese yuan and a 7-week low relative to the yen and is hovering near a 5-year low against the Swiss franc and a 2-1/2 year low against the euro. Overnight losses in the […] More