China Watch: Forget About the BRICS Currency – China Wants to Impact the USD from Within
The Chinese issuance of USD-denominated bonds in Saudi Arabia may seem negligible on the surface, but it holds significant signal value for the direction of the USD. If China feared a strong USD – or planned a devaluation – this would be an odd move. It...
Macro Nugget: Not so fast, Scott
We covered Scott Bessent’s 3-3-3 plan a couple of weeks ago. One of his “3’s” is the goal of producing an additional 3 million barrels of oil equivalent to put downward pressure on headline inflation. Unfortunately for Bessent and other...
The Drill: Fade the tough Trump tariff talks
We are fading Trump’s proposed 25% tariffs on Mexico and Canada as we see them as negotiation tactics more than actual threats of real implementation. To read the full article, sign up for a 14-day FREE trial of the The Macro Connoisseur, Professional or Crypto plan....
Recent Comments