Parallel Universe: US S&P 500 versus US economic surprise index (hat tip Bloomberg's Tracy Alloway)
2026 Opens with USDPHP at Record Highs: The Peso Is the Symptom, Policy Is the Disease
With the exception only of the 200-year period of the gold standard, practically all governments of history have used their exclusive powe...
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Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
Governments resist austerity. Politicians buy votes with spending. But because they do not control their domestic currency systems in Euro...
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Despite falling USD-ASEAN currencies (PHP, MYR, THB, IDR, VND & SGD), gold prices in 5 of the region’s largest members (in local curren...