Russia is now reacting from the recent success of the Ukranians in capturing territory in the northern front. The Ukrainian plan was executed with the help of the Americans and British in terms of planning and suceeded beyond expectations. Putin…
Our projection for the ECB rates in a couple of hours is that the rate hike will be stronger than expected for several reasons. Energy inflation has impacted the key countries of Europe, specifically Germany. Aversion to inflation within the…
The west led by the US has imposed very tough sanctions on Russia. However, one of the key sanctions needs further explanation. Thus, this analysis will focus on the sanctions against the Russian central bank. In short, this is one…
Turkey has essentially embraced a dollarlization policy. The reasons for this are both typical and unique. Last week, the Turkey stock exchange was halted. This event had a bit of a lag based on the sliding Turkish Lira and the…
The race is very close. The current situation is Biden at 224 and Trump at 213. The remaining states that could decide the election are Pennsylvania (20), Georgia (16), North Carolina (15), Arizona (11), Michigan (16) and Wisconsin (10). We…
The market rebounded sharply yesterday. Our view prior the the rebound was that the market was extremely oversold and that confidence was building in the market thanks to monetary and fiscal support globally. The SPY (SPDR S&P 500 ETF) gained…
The markets have probably hit bottom after the consistent bad news from the COVID-19 Pandemic. There are two reasons behind our positive market forecast for a rebound in 2021. First, government policies in the major economies have been supportive and…
The recent policy move by the US Federal Reserve to reduce rates by 0.25 was expected by the market, thus not much surprise. What was interesting about this move was the statement. In short, the FED thinks things are going…
