Capital: A principal, investment, money, assets, labour, stock, property, a store of value larger or more prominent; it may also suggest preeminence or excellence; capital letter, idea, virtue.
Synthesis: A complex whole made up of a number of parts united; the act of combining separate ideas, beliefs, styles; a mixture or combination of ideas, beliefs, styles.
Its all about the US$, rates and US equity indexes. The dollar has broken out but needs to take a breath, rates have bounced considerably higher on the short end and following on from last week we have weakness in US equities but price has failed, as yet, to “break” key supports. We have a...
Asset prices are moving. We appear to have moved beyond chop to something more meaningful, even for US equities. The best way to explain this is via the instruments. Particularly the US$ index and Bullion have given clear signals of something more meaningful than the recent low volatility price action. The two key reserve instruments...
Another week rolls past and this low volatility distribution continues for most asset classes, GBP and bullion aside. This is a very mature bull market so its no wonder that risk asset volatility has declined here close to achieving new highs for many. The divergence between US risk and world risk also continues. US is...