yi gang

Converging Views Only Starts With Fed ‘Pause’

By |2018-12-06T18:25:19+00:00December 6th, 2018|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

There’s no sign of inflation, markets are unsettled, and now new economic data keeps confirming that dark side. Forget each month, every day there is something else suggesting a slowdown. That much had been evident across much of the global economy, but this is now different. The US has apparently been infected, too, not that [...]

The Dreaded Vote of Confidence

By |2018-07-03T11:50:35+00:00July 3rd, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Chinese officials are getting nervous. Everyone knows that whenever your favorite sports team struggles and fans are calling for the head coach’s head, any owner or general manager who then issues the dreaded (from the coach’s perspective) vote of confidence is essentially sealing his fate. PBOC Governor Yi Gang issued a similar sort of statement [...]

The Boom Reality of Uncle He’s Globally Synchronized L

By |2018-03-19T12:22:25+00:00March 19th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Top Chinese leadership is taking further shape. With Xi Jinping’s continuing consolidation of power going on right this minute, most of the changes aren’t really changes, at least not internally. To the West, and to the mainstream, what the Chinese are doing seems odd, if not more than a little off. Unlike in the West, [...]