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Dollar Strains — Our Currency, Your Problem: Specialised Investment Research and Analysis from PGM Global Inc.

Unlike their DM counterparts, EM central banks have started to cut rates, in some cases aggressively, to offset weakening growth amid high inflation. The rate cuts and the weaker global growth outlook have hurt EM equities and local currency bonds.

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Federal Realty Keeps the Faith in Traditional Industry Wisdom — but Adds Emphasis to Eco Issues

US property firm Federal Realty applies strategy and smarts in environmental oversight. In an industry known for “location, location, location”, investment trust Federal Realty has added a new mantra: “resilience, resilience, resilience.” Founded in 1962, Federal is recognised for the

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Craig Ferguson The King of Chat who Vanquished Personal Demons — and Enchanted his Audience

If Craig Ferguson had been just another chat show host, his legacy may not have endured. At an imposing 6ft 2 inches Craig Ferguson height never intimidated guests and from the start, the witty Scot’s televised encounters with celebrities unleashed

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IMF: Turbulence and the Lessons of History

Opportunities are born of crisis, but the lines that connect them are far from direct Events of recent years, and most recently the COVID-19 pandemic and the war in Ukraine, have forced all of us to confront some of the

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Quantitative Tightening and Capital Flows to Emerging Markets

In its May 15th meeting, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) lifted its benchmark policy rate by 0.75% to 1.50%–1.75%, the most significant increase since 1994. The central bank also signaled an additional increase

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A Bipolar World? Searching in Vain for a Dollar Alternative

The seizure of Russia’s dollar reserves, part of the first wave of sanctions decreed in response to Moscow’s ‘special military operation’ in Ukraine, has a growing legion of pundits wondering if the time has come to look for a new

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Sanctions Against Russia Resemble a Boxing Match

The economic sanctions against Russia announced last week by the US and Europe are having a profound impact on the Russian economy — and repercussions at home. As in a boxing match, the expectation is that blows to the opponent

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No Gloating on First Anniversary of DC Riots: Misguided Republican Anger at a Beneficial Electoral System

She called it a “beautiful sight to behold” when student protesters stormed the building that houses the Hong Kong Legislative Council. Now Speaker of the House of Representatives Nancy Pelosi is at a loss to explain why the spectacle of

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Too Much of a Good Thing: Inflation Spike Puzzles ECB – Engage or Ignore?

For years on end, central bankers in Europe and the United States have tempted providence to deliver a modicum of inflation. Over the past five years, the eurozone slid twice into deflationary territory. As recent as August 2020, the consumer

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Anthony Scaramucci: Mooching Towards Washington, With No Polyester Suits in Sight

Entrepreneur and author Anthony Scaramucci has seen plenty of ups and downs — and the US presidency may not be out of his reach, despite an unfortunate beginning to his political career. Quintessential New Yorker Anthony Scaramucci was former US

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