Tag Archives: Economic Data

Currency Wars: Pandering to Debase

So far this year, we have seen a ravenous interest from U.S. investors in currency-hedged equity exposure.  Currency risks have increased; currency volatility is on the up: The reasons behind these trends can be understood in part via the nature of human psychology and power, and the reality of politics. Consider yourself, for a brief Read more […]

The Fed Views a Stronger Economy, Preferred and Investment Grade Corporate Bond Indices Going Strong

Yields on the 10-year Treasury continued lower last week as measured by the S&P/BGCantor Current 10 Year U.S. Treasury Index.  Friday’s 2.59% is one basis point off from this year’s low of 2.58% of February 3rd.  The index recorded a 2.59% in spite of the fact that the April U.S. Unemployment rate reached a low Read more […]

Examining Emerging Market FX Contagion: It was all about Relative Risk-adjusted Performance

A large number of emerging markets currencies declined en masse during the period from 30 April 2013 through 31 January 2014, with many observers applying the moniker of contagion.  Over the whole period many emerging market currencies were clustered in the range of losing between 9% and 22% of their value against the US dollar, Read more […]