Edit

Is Greece's Debt Odious?

March 31, 2015
There is a legal concept called "odious debts."   It can be traced back more than a century.  The US helped create a precedent for it by denying Cuba's responsibility for the debt incurred under Spanish colonial rule.  The concept took on added significance in the post-colonial era more broadly.  
The issue here is the continuity of l…
Is Greece's Debt Odious? Is Greece's Debt Odious?  Reviewed by Marc Chandler on March 31, 2015 Rating: 5
Edit
Dollar Jumps Dollar Jumps Reviewed by Marc Chandler on March 31, 2015 Rating: 5
Edit

The Dollar and Equities Revisited

March 30, 2015
The divergence meme that had the US well ahead in the global business cycle produced a virtuous cycle.  The dollar and US stocks rallied together.   However, with the dollar's appreciation spurring concern about US corporate earnings, and the negative interest rates in Europe spurring flows into equities, correlations between the dollar and eq…
The Dollar and Equities Revisited The Dollar and Equities Revisited Reviewed by Marc Chandler on March 30, 2015 Rating: 5
Edit

Emerging Market Preview: Week Ahead

March 30, 2015
(from my colleagues Dr. Win Thin and Ilan Solot)

EM currencies are starting the week under pressure again from a broadbased dollar recovery. While expectations for a Fed lift-off remain in flux, the recent rebound in the dollar suggests that on a relative basis, the US economic and interest rate outlooks remain attractive. 
This Friday will see the…
Emerging Market Preview: Week Ahead Emerging Market Preview:  Week Ahead Reviewed by Marc Chandler on March 30, 2015 Rating: 5
Edit

Dollar and Equities Begin Week on Firm Footing

March 30, 2015
The US dollar trended higher in Asia and early Europe, but the gains have been pared as the European session got under way, and the underlying trends remain intact.  Global equities are also winding down the month and quarter with upticks as well. 
 Of note Chinese shares rallied further.  The Shanghai Composite rose 2.6% and has gained in 13 of th…
Dollar and Equities Begin Week on Firm Footing Dollar and Equities Begin Week on Firm Footing Reviewed by Marc Chandler on March 30, 2015 Rating: 5
Powered by Blogger.