Japan May Be About to Bring Its Money Home
For decades, Japan has quietly financed a significant portion of the global financial system. Its pension funds, insurers and institutional investors have channelled trillions of...
Tag: financial crisis
The Bond Market Has Spoken
The war may be fading. The bond market is not. Since the announcement of the fragile US-Iran agreement, investors have rushed to celebrate the return...
The Monster Beneath the Treasury Market
For years, investors believed the greatest danger facing the bond market was inflation. They were wrong. Inflation was only the trigger. The real danger was...
America’s Inflation Problem Is Becoming Structural Again
For nearly two years, markets repeated the same comforting narrative: inflation was temporary, growth was slowing, and the Federal Reserve would eventually be forced to...
The Dollar’s Last Illusion
For months, markets repeated the same reassuring narrative. The dollar remained strong. US equities remained elevated. Treasury yields continued to attract global capital despite deficits,...
America’s Debt Time Bomb
The Congressional Budget Office (CBO) has once again sounded the alarm, warning that the federal government might run out of money to pay all its...
The Dollar’s 2025 Paradox: Trump’s Inflationary Boom or a Looming Catastrophe?
If history has taught us anything, economic fundamentals eventually catch up with political bravado. As we move deeper into 2025, the U.S. dollar remains a...
The New US Budget Playbook: Tax Cuts, Debt, and Denial
As Congress wrestles with another monumental budget resolution, the Republican Party—historically the self-proclaimed guardians of fiscal responsibility—finds itself in a somewhat awkward silence. The latest...
ECB’s Risk Modelling Plan: A Bureaucratic Tightrope Act?
The European Central Bank is once again stepping into controversial territory, proposing that banks incorporate credit data from the region’s financial crises into their risk...