Marc Chandler | TalkMarkets | Page 4
Political Economist
Marc Chandler has been covering the global capital markets in one fashion or another for more than 25 years, working at economic consulting firms and global investment banks. Chandler attended North Central College for undergraduate work, where he majored in political science and the humanities. ...more

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Eventful Week Ahead
The Federal Reserve meets, as do three other central banks (Bank of Japan, Sweden's Riksbank and the Reserve Bank of New Zealand). Important elections were held in Ukraine and Brazil over the weekend.
The Dollar: More Of The Same
The US dollar gained on most of the major foreign currencies last week, but the overall tone, leaving aside the yen, was largely consolidative in nature.
Sentiment Healing, But Remains Spooked
Equities have trended higher. The S&P 500 was turned back yesterday after it had retraced 68.2% of the losses from the record high on September 19 to the October 15 low.
Preliminary Thoughts About The ECB And Corporate Bonds
The targeted long-term repo operations had not even been launched when the ECB announced its intention to buy asset-backed securities and covered bonds.
The Ultimate Carry Trade: US Banks Buying Treasuries
The drop in US bond yields is perhaps the biggest surprise for investors this year. The gradual decline in Federal Reserve buying, faster growth, and the prospects for a rate hike in 2015 were expected to lift bond yields.
Great Graphic: Where Is The Secular Stagnation?
The US economy is creating more goods and services than ever.
Great Graphic: Climactic Activity?
The Financial Times report noted that: "The larger US market recorded an $8.1bn outflow in the same week."
Post-Taper Tantrum II: The Week Ahead
The prospects that the Federal Reserve would begin slowing its purchases sparked a market meltdown in 2013. The "taper tantrum", as it was dubbed, destabilized the capital markets. Now it is as if the markets have had a second tantrum, but this time US Treasuries rallied.
Great Graphic: Saudi Arabia's Masterful Stroke
While oil price momentum has taken on a life of its own, the key fundamental driving the decline has been a shift from price maintenance to competition for market share by Saudi Arabia.
Some Thoughts About The Dollar's Technical Outlook Now
The dollar had been confined to a two-yen range between April and August (JPY101-JPY103).
Raining On The Parade: Will The Center Hold?
The market is a fickle mistress. At the end of September, and at the start of this month, we pushed against the hawkish read of the Fed’s dot-plots.
The Storm Continues, Dollar Stabilizes
The global markets are struggling to regain some semblance of stability. The US dollar is consolidating yesterday's losses and is modestly firmer.
Creating Millionaires
The major economies are without a ballast. The old order, epitomized by Reagan-Thatcher and financial liberalization, has broken down. The new order has yet to emerge.
Thoughts On The Significance Of The UK's Dim Sum Offering
It trumps the fact that the recent official reserve data from the IMF showed the dollar’s share of global reserves edged slightly higher in Q2, but is largely stable above 60% of global reserves.
Markets Still Struggling To Stabilize
The US equity market was unable to sustain early gains yesterday and, although several Asian markets posted minor gains, Europe is seeing red again today.
Great Graphic: UK And Eurozone Core Inflation Slump
That the eurozone is experiencing lowflation, which is threatening to morph into deflation, is well appreciated. What is less appreciated that it is not just a function of ECB policy.
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