Germany - Global Trade Storm
EU trade policies are credible when competing in unison on global markets, but ambivalent efforts by Germany (and others) to keep China on-side pin Europe down. Atrophy beckons...
Total Market
The Yuan also rises
Reflecting global reach, credibility of national governance and economic dominance, currency convertibility can be facilitated in practice but cannot be summoned by diktat; trust will be earned in the long haul
U.S. dollar - Indispensable and Challenged
Debt issuance in U.S. dollars is privilege but the reserve currency status is a straight jacket with flaws - Expectations run high, everyone wants a piece while American control gets harder, diluting responsability and credibility
U.S. Market - The Law of the Land
How long-forgotten 13th and 14th century political conflicts between Italian cities hold a lesson for the rule of law everywhere, and in America today
Tariff Folly - a Sense of Purpose...
Tariffs are supposed to set the U.S. economy on a virtuous growth path - Now comes the hard part of convincing America's business to make long-term commitments, to re-industrialize and to allocate the considerable financial resources to do so
Globalization, China and Trade Imbalance
The Chinese trade surplus in manufacturing goods is, at $2 trillion, unfathomably large....and growing fast....a death knell of globalization as we knew it, which might finally stir the international order into action ...
Tariffs - the U.S. and the World
Global trade has been upended by the Trump tariff policies and there is no turning back. Each country's political standing will weigh on its economic outcome but all will have to reinvent their trade strategies
Oracle shares booming – a trillion-dollar question
Vaulting to the top of the AI ecosystem, on par with the elite hyperscalers, Mr. Ellison is the perennial risk taker, the man with a plan, ready for a fight to reach new heights
Data Centers - a Revolutionary Era
With projected growth rates of at least 10% a year - and probably higher - data storage is in upheaval with infinitely more demanding infrastructure requirements and deep-pocketed Internet giants extending their dominance
Energy Policies - Hither and Yon
Pulled in many directions, here and there, access to electricity has become too critical to be left under the guidance of mere state utilities - with unpredictable outcomes as political factions take sides
VIX - Front-Running Market Volatility with ETF Trade Volumes
The VIX volatility index signals negative shifts in macroeconomic perception, as they occur. Increasing trade volumes in volatility ETFs anticipate a possible market downturn
Themes - a Grid spots Underlying Market Trends
Pininvest themes are the basic elements of a grid, ranking market factors dynamically and highlighting shifting market trends to support forward-looking investment strategies
Making Sense of Investment Themes
In defense of diversification to mitigate portfolio risk exposure - investment themes are a reliable path to express investor preferences on sectors and industries
Mexico - Maquiladoras and the Future of the Automotive Industry
Free trade agreements between Mexico, Canada and the US (NAFTA since 1994 replaced by USMCA in 2020) reshaped economic relations across the continent - Who will step through the open door to US markets next ? and what industry is first in line ?