I am finishing the year like I began it, on Bloomberg Television, talking about the dollar and Fed policy. Bloomberg has made two clips of my interview available. In the first clip (here), I discuss the dollar. I reiterate my forecast for the the Dollar Index to head toward 120.00. The consolidation between Q2 15 and end of Q3 16 appears to me to be the base of the new leg up that has already begun.[embedded...
Read More »Cool Video: Big Picture Dollar Outlook
I had the privilege of joining Scarlet Fu and Joe Wisenthal on the set of What’d You Miss on Bloomberg TV yesterday afternoon. It was within a couple of hours of the second Fed rate hike in a decade. The dollar rallied.I was surprised by the changed forecasts. The median forecast, which is not the same thing as the Fed view, edged about 25 bp higher across the forecasting horizon. I had thought the the aspirational...
Read More »Cool Video: Discussing the ECB on Bloomberg TV
Marc Chandler - Click to enlarge Tired of reading what analysts are saying? Here is a 4.3 minute video clip of my discussion earlier today on Bloomberg TV about the outlook for tomorrow’s ECB meeting. The discussion covers various aspects of the ECB’s decision. There does seem to be a broad consensus, which is always a good news/bad news story. Last December, you may recall there also was a consensus, and although...
Read More »Cool Video: Discussing the ECB on Bloomberg TV
Marc Chandler - Click to enlarge Tired of reading what analysts are saying? Here is a 4.3 minute video clip of my discussion earlier today on Bloomberg TV about the outlook for tomorrow’s ECB meeting. The discussion covers various aspects of the ECB’s decision. There does seem to be a broad consensus, which is always a good news/bad news story. Last December, you may recall there also was a consensus, and although...
Read More »Cool Video: Bloomberg TV-Italy and Austria this Weekend
Marc Chandler - Click to enlarge I was on Bloomberg Television with Joe Wisenthal this afternoon. I explain what I have been suggesting for the past couple of weeks, namely that the Austrian presidential election this weekend is the third point in the populist-nationalist wave, not Italy. The changes in the Senate are opposed by a broad array of forces in Italy, including many very pro-European elements, like former...
Read More »Cool Video: Bloomberg TV-Italy and Austria this Weekend
Marc Chandler - Click to enlarge I was on Bloomberg Television with Joe Wisenthal this afternoon. I explain what I have been suggesting for the past couple of weeks, namely that the Austrian presidential election this weekend is the third point in the populist-nationalist wave, not Italy. The changes in the Senate are opposed by a broad array of forces in Italy, including many very pro-European elements, like former...
Read More »Cool Video: Reiterate Bullish Dollar Call on Bloomberg
Marc Chandler - Click to enlarge I was on Bloomberg TV this morning to weigh in on the dollar’s rally. The US Dollar Index is flirting with the 100 area that has blocked side since last year. In my work, after a big run-up form around 80 in mid 2014, the Dollar Index has been consolidating. I have long anticipated a spring board for another leg up. The fundamental logic was the divergence in monetary policy and the...
Read More »Cool Video: Chat with the FT’s John Authers
I was just as surprised as anyone by the election outcome. The initial market reaction was not as surprising, but the dramatic reversal was. About a dozen hours after the election was called, John Authers from the Financial Times came to my office and we chatted. Check out the cool video here.
Read More »Cool Video: Double Bloomberg Feature–ECB and US Baby Boomers
This afternoon I had the privilege of being on Bloomberg TV, with anchors Scarlet Fu and Matt Miller. I was joined by an old market friend Bob Sinche. We had a lively discussion (what did you expect?) on two issues. The first was on the ECB. At his press conference earlier today, Draghi indicated that the question of extending QE and tapering was not discussed. Bob argued that this was disingenuous. Of course it is...
Read More »Cool Video: Bloomberg TV-Dollar Supercycle and Brexit
Summary: I reiterated my long-standing view that the euro is going to retest its record lows before the Obama Dollar Rally is over. I warn that the UK’s quest to regain sovereignty is an illusion. I announce that my new book will be published in early December or early January. I was on Bloomberg TV earlier today with Tom Keene, the one of a kind anchor, and Booth Business School Professor Luigi Zingales. ...
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