Hulk Smash Dollar north (Business travel will interrupt the regular commentary this week. It will return on April 26 with the May monthly. We apologize for the disruption. Thank you for your patience. Good luck.) Overview: In thin markets, the dollar has been stomach-punched. It is off by more than 1% against six of [...]
Farmers are switching to stablecoins north Farmers are increasingly turning to stablecoins to facilitate cross-border payments, streamline operations, and gain access to global markets.
Week Ahead: Manic Activity Restrained, but Could Return north Last week, the capital markets were not as manic as the previous week but the uncertainty stemming from Washington remains intense. Outside of tariffs on Mexican tomatoes, the US tariffs were not extended but new investigations were opened that will likely lead to more tariffs down the road. [...]
Yuan and Why north With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this assumption is flawed. The level of devaluation required to fully offset tariffs exceeding 100% would [...]