Independent thinking for complex markets and current events
The US has recently taken Japan under its wing with a lot of analysts referring to this as “Japanification.” In reality this has been “Americanization” of Japan. Their index and currency now thoroughly looking pegged (and yeah, I mean it like THAT) to the USD & our markets is not going to be good for …
Her comments come after the biggest rate cut in China since 2020, which was delivered alongside a slew of worse-than expected economic data. The analyst put out some interesting charts comparing 1990s Japan to modern China: https://t.co/hHM4FuSC2a pic.twitter.com/N6U1qsfxFe — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 New rate cuts from the PBoC! 🇨🇳🥶 Spreads between USD …
“Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022. Instead we are at $8.3 trillion today. With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 …