By Ajay Shah.   A big CAD is a bad thing — much like a big fiscal deficit. A country is always better off with a small or zero CAD or ideally a surplus. The CAD is a drag on growth. The large CAD is a profound drag on India’s [...]

By Aung Tun. Almost three years after the new regime known as ‘the democratically elected government’ took power in Naypyidaw, there have been many foreign investors looking into the once-isolated country for their foreign direct investment [...]

  By Michael T. Snyder.   On the global financial stage, China is playing chess while the U.S. is playing checkers, and the Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.  You see, the truth is that [...]

  By Steve Hach. VALUATION WATCH: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks assigned a valuation now make up almost 78% of our universe and 44% of the stocks assigned a [...]

By  Mike Guillaume.   Response to crises: plus çà change… “Why did no one see it coming?” asked Queen Elizabeth II at a visit to the LSE. That was indeed the first question to ask about the biggest financial crisis since World [...]

      By Michael T. Snyder.   Barack Obama is warning that if he does not get everything that he wants that he will force the U.S. government into a devastating debt default which will cripple the entire global economy.  [...]

  Posted by Ernest Chan: By Azouz Gmach. VIX Futures & Options are one of the most actively traded index derivatives series on the Chicago Board Options Exchange (CBOE). These derivatives are written on S&P 500 volatility index and [...]

    By Kuvera Chalise. The International Monetary Fund (IMF) has projected higher economic growth – at 4.5 per cent from earlier projection of four per cent in April in its flagship publication IMF’s World Economic Outlook 2013 – [...]

By David Merkel.   I’ve received two notes recently on Closed-end Leveraged Muni BondFunds.  Here’s one: David, I have been asked several times about the Blackrock Target Term Municipal Bond Trust (“BTT”).  The appeal [...]

By David Andolfatto. In my previous post, I reported on the remarkably different trajectories that consumption and investment have taken in Japan since the Asian financial crisis. Consumption has boomed at the expense of investment. Junichiro [...]