I hoped it wouldn’t come to this, but I can’t say I’m surprised. On Friday,
Day: November 19, 2020
Non Sequiturs & Nonsense
I suppose I was wrong to say, on Thursday morning, that “analysts and economists are
King Dollar Relinquishes Global Payments Crown. But Save Your ‘Demise’ Narratives
Those who love a good “dethroning King Dollar” story will be excited to know that
Don’t Worry: The Housing Bubble Is Alive And Well
At least the housing bubble is intact. Existing home sales defied expectations for a decline,
Jobless Claims Unexpectedly Rise, Adding To Economic Consternation
742,000 Americans filed for unemployment claims last week, more than the market expected. It’s an
Erdogan Lets New Central Bank Governor Hike Rates. U-Turn ‘Obviously’ Won’t Last
Warm congratulations to Naci Agbal, who replaced Murat Uysal at the helm of Turkey’s central
Slow Bleed
The dollar moved higher from a 29-month low Thursday, as risk-off vibes tied to America’s
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