Tag Archives: Cool Video

- Click to enlarge The Bank of England meets tomorrow. Although no one expects a move, it has little to do with the recent market volatility. The FTSE 100 is poised to snap a six-day 7%+ slide. The FTSE 250 fell for seven consecutive sessions through yesterday, shedding 5.75% in the process. The UK’s 2-year yield slipped about seven basis points from last week’s close to58 bp before recovering to 63 bp today,...

- Click to enlarge I joined Alix Steel and David Westin on the Bloomberg set earlier today. Click here for the link. In the roughly 2.5 minute clip, we talk about the US and and the monetary cycle in Europe. In the US, Q4 was another quarter of above trend growth. The Atlanta Fed says the economy is tracking 2.7%, while the NY Fed puts it at 4.0%. To my way of thinking about the situation, many observers seem to be...

- Click to enlarge To many, the question about the fate of the third major dollar rally since the end of Bretton Woods was resolved last year. The dollar fell broadly. It marked the end the greenback’s ride higher. However, I remain less convinced that this is really the case.  And that is what I discuss in this three-minute clip from Bloomberg’s What’d You Miss. What I focused on (here) was two-fold.  First, that...

- Click to enlarge I stopped by Bloomberg near midday to talk with Vonnie Quinn and Shery Ahn. We talked about many macro issues, but this clip that Bloomberg provided covers is the one topic that has overshadowed the big rally in US equities, tax reform and Matt Lauer: Bitcoins. In this two minute clip, I mention that despite Bitcoins capturing the headlines, most Americans are not and cannot be involved....

- Click to enlarge I had to be on Bloomberg’s Day Break with David Westin and Alix Steel earlier today. We talked about the collapse of talks to put together a new coalition following the results of the September election. I suggested that the initial reaction was exaggerated, negotiations will likely resume in some fashion, and speculation of Merkel’s demise are premature. We also discussed Brexit. I opined that...

- Click to enlarge In London on business and had the opportunity to go to Bloomberg. In this clip, Francine Lacqua discuss the likely nomination of Fed Governor Powell to succeed Yellen at the helm of the Federal Reserve. I make three points. First, that, like others, I recognize a strong element of continuity between Bernanke, who was first appointed by a Republican, Yellen, and now, presumably Powell. Obama...

I had the privilege of joining the set of anchors Julie Cchatterley, ScarletFu, and Joe Weisenthal on the set of “What’d You Miss” today. The unrehearsed discussion took an unexpected turn when Joe asked about the low volatility. The anchors were patient and gave me time to provide a sketch of the thesis of my book, Political Economy of Tomorrow, where I suggest a under appreciated factor in the low price of capital is...

Tom Keene and Francine Lacqua gave me a most appreciated opportunity to present my dollar views on Bloomberg TV earlier today. They also let me opine about current events, like Catalonia’s push for independence and May’s troubled speech at the Tory Party Conference. Bloomberg made two clips of the discussion available. The first is about the dollar’s outlook broadly. I suggest a combination of technical and fundamental...

- Click to enlarge I appeared on CNBC earlier today to talk about the dollar.  I was given the time to briefly sketch out my view of the dollar.  Near-term, I am concerned about the political and economic events in September,  but I am looking for a better Q4 for the greenback. I have not given up the idea that the dollar’s pullback this year is a correction to the bull move that began in mid-2014.  The euro...

I had the distinct of honor of being on Bloomberg television today with David Gura and Francine Lacqua. Dino Kos, formerly of the NY Fed and now at CLS, joined this segment as well. The broad topic was the Jackson Hole Symposium, and the challenge is fostering more dynamic growth. While short-term market participants are hoping for some clues into the Fed and ECB thinking, We are not convinced that our information set...