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Beholden

I m sorry it s been a while since there have been any posts here 8211 some personal matters demanded attention It s Budget Day in the United Kingdom The

Pretending to be shocked

No one is so brave that he is not disturbed by something unexpected Julius Caesar The last two weeks of market activity jolted important markets In earlier posts I

Following the Leading Duck

Well copper was telling us something just not exactly what I thought With the benefit of hindsight the last post should have taken the obvious route that the extraordinary cheapness

Red Duck’s Not in a Row

My last post on copper set me on an enquiry Whether the enquiry turns out to be a gold mine or a rabbit hole remains to be seen If nothing

‘Dr Copper’ and Mr Inflation don’t agree

It is always amusing when two well known figures have a public spat It seems Dr Copper is having a rare contretemps with Mr Inflation Such open disagreement is rare

Beige Stable

Here is a textual summary of the recent Beige Book released 29th May The overall sentiment is assessed as positive though moderating slightly from the April release There is very

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Exorbitantprivilege unpicks the liquidity links of central banks, the dollar, international equities, bonds, commodities and currencies, plus a few other related themes – such as regulation. It showcases the pet rants of Meyrick Chapman, principal of Hedge Analytics Ltd.

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