Articles from the author

Alongside massive governmental fiscal and monetary expansion the assumption is that there is to be global rise in infrastructure expenditure.

To be fair to the administration, every American government has always talked up the dollar. To do otherwise would be an implicit signal to the foreign holders of US Treasury bonds to abandon dollar-denominated debt

The hunt to avoid the Red October

Fed monetary policy was substantively responsible for the easy credit

The US dollar (unofficially) has become the world's "funding" currency

Gold has moved back to the centrestage of the real world

President Obama has revealed anxiety about the economy that his administration must face

Economic recovery will come with inflation as added cost

Looking for rewards in a maze

Depreciation is a politically easy way out for industrialised nations

In the wake of recent requests for debt restructuring an emerging meme asks if some "sovereign bonds" are the new subprime assets.

At present, the universe of macroeconomic investment can be summarized as a play on inflation