Merrill over Matter

The Chinese Purchasing Managers Index (PMI) came in at 52.1 as reported by Chinadaily  and looking at the market reaction it was below expec...

Getting precise numbers out of China is always challenging but data is slowly coming out. . .  From the Telegraph Chinese provinces are, in...

US Treasury rates have dropped recently and it appears to me they may continue declining.   How low can they go?  I have no idea but I thoug...

The market action today did some technical damage.  As you can see from the chart below (provided by Stockcharts.com) a classic 'head an...

I was only kidding! When I joked ( here and here ) about Greece selling off some islands it was entirely in jest. Evidently Greece is no...

Mr. Hugh Hendry is always fun to watch and even more so in this interview: He discusses the euro, china, George Soros and the 'axi...

Does a steep yield curve guarantee future economic growth?  Usually but maybe not this time. A recent article on BusinessInsider got me th...