Forget NFP. In fact, forget any data. Turn instead to the media

Yes, we are already aware of the power of social media, via Tweeter-In-Chief Donald Trump. If he carries on like this, what will he have left to announce on inauguration day itself? That’s the day, by the way, that most investors care about this month, at least according to a Goldmans survey: Given that he’s…

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Do these 3 things this year

Blondemoney has been agonising for days, worrying about what forecasts to carve out on the blog-stone. The joy and tragedy of a public forum such as this is that it’s all there, all in print, for all time, for all to see. Sure, there have been some past positive pronouncements; but also there are those…

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The Year of Maggie and St Francis

Blondemoney fondly remembers the footage of (her heroine) Margaret Thatcher’s ascenscion to the steps of no.10 Downing Street in 1979. She quoted St Francis of Assisi, whose prayer notes (among many other things): ‘That where there is discord, I may bring harmony. That where there is error, I may bring truth. That where there is doubt, I…

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Cheeky China

China just slipped out one of their classic year end changes to their currency regime (not their year end of course, just ours). This lovely press release is all in Chinese, but the table says it all: Instead of managing their currency to a basket of 13 currencies, they’re throwing in an extra 11 currencies….

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What’s happened over Christmas then?

1) Trump got Tweet-happy again, taking credit for the rally in stock markets and the surge in the Consumer Confidence index: ‘The world was gloomy before I won – there was no hope. Now the market is up nearly 10% and Christmas spending is over a trillion dollars!’ ‘the U.S. Consumer Confidence Index for December…

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