Divergence

I am a great believer in divergence when it comes to the talking about the economy and her markets because it allows you to take a slightly more nuanced perspective than the risk off/risk on debate that has dominated the discourse for the past two years now.

The Global Economy

Still, there . . . → Read More: Divergence

Degrees of Distrust

My last blog was ultimately about trust and that maybe the basis is telling us that there is still trust in the system. After writing it I remembered the presentation I made to the 2009 Gold Standard Institute seminar in Canberra. Below is the conclusion from that presentation, where I proposed four phases, or . . . → Read More: Degrees of Distrust

Economic Events on July 30, 2010

At 8:30 AM EDT, the Employment Cost Index for the second quarter of 2010 will be announced.  The consensus is an increase of 0.4%, which would be a decline of 0.2% compared to the first quarter of 2010.

Also at 8:30 AM EDT, the advance GDP report for the second quarter of 2010 will . . . → Read More: Economic Events on July 30, 2010