Japan as a safe haven
The outlet for all financial imbalances is ultimately the currency. At the same time, that is also a big risk for a currency union like the Eurozone. Mutual imbalances have to be solved [...]
The German Revolution
Vladimir Putin speaks fluent German due to his past work for the KGB in Dresden. He bills himself as an expert on German culture. It is this same Putin who is now the cause of a true revolution [...]
The Fed balances on a thin rope
“Whatever it takes” Earlier this month, Federal Reserve Governor Jerome Powell was asked in Congress what he intended to do about rapidly rising inflation. He told “do whatever [...]
Oil, the dollar, and the renminbi
Oil is the most traded commodity and has always had a major impact on the economy and financial markets. At current oil prices, the oil market is over $4 trillion. Most oil is still traded in [...]
A repeat of the ’70s?
Rapid developments Since the Russian army proceeded to invade neighbouring Ukraine, developments have followed each other in rapid succession. Not only on the battlefield, but also on the stock [...]
Powell calms Wall Street
Jerome Powell, the chairman of the US Central Bank, put an end to speculation about the Fed’s rate hike this month during a presentation to the House of Representatives on Wednesday. Given the [...]