Daily Kickstart (Dollar Dumps After Fed Farce, Deutsche Bank Plunges)
Perhaps fearing some kind of Erdogan-esque reprisal from the White House, the Fed pussyfooted its
Perhaps fearing some kind of Erdogan-esque reprisal from the White House, the Fed pussyfooted its
They want to normalize, but they need to figure out how to do so in a way that doesn’t lead to “excessive” dollar strength lest they should all end up getting purged for treason Erdogan-style.
As is rapidly becoming custom, we start with FX markets, where the USDJPY rose again,
I think I can probably sum up Wednesday with one sentence and one chart…
“There is still much uncertainty about how his exact economic agenda will look,” Commerzbank’s Thu Lan
The Donald Trumps, Marine Le Pens, and Frauke Petrys of the world represent a very real threat to Western democratic values. The ideologies they preach are poisoning the gullible who mistakenly believe they’ve found their champions in nationalist candidates pushing a noxious brand of populism.
“While the strong end to 2016 is encouraging news the manufacturing revival clearly remains vulnerable to political risk.”
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