Citi did another tap dance earnings routine as it tries to keep the investor pack from splitting. As the Eagles 50th anniversay rock tour setlist sometimes highllights its "The Long Run" that matters. And Citi wants its investors to keep the faith and the relationship alive in its long turnaround journey. We shall see. Neutral on stock. Sell on bonds. Regulatory risk High. Counterparty risk Medium-to-High.
Fed steps up to the tightening plate this early afternoon, and market gauging whether it will be a 50 bps move or a muted 25 bps. Dr. Scott reviews some of the key points to consider with his view placed on 25 bps.
Dr. Scott uses his Global News Network (GNN) - style to review the key geopolitical hot spots in almost 10 minutes! From the Western alliance countries to the China/Russia current/former Communist regimes. And from less developed countries to Burrito/Borat-like ones (North Korea), subsribers should not get IBS. Well maybe not!
Dr. Scott MacDonald pays tribute to a true American patriot, former Secretary of State, General Colin Powell who passed away this week. Provides an update on the Biden Infrastructure Plan, U.S. supply chain challenges, China geopolitical pressures and domestic woes. Also, energy bullet points and the possible emergence of a new natural gas cartel.
Dr. Scott goes into great depth analyzing the inflation factors that have led to economic concerns regarding supply chain issues, energy & labor shortages, and housing affordability in the U.S. As appeared in the National Interest , October 18, 2021.
Latest hedge fund problem/liquidation shows how bank risk is still opaque. Need other tools for investors/risk managers to assess bank resiliency. Viola Risk's systemic shortfall breakevens is an answer.
Dr. Scott & crew discusses the major U.S. trends with new President Biden calling the shots. Touches on Fed and EM investment flows. Deeper dives on Germany and Venezuela.
Dr. Scott winds up the year with his global economic outlook for 2021 and impacts to markets. The decline of COVID-19 and the U.S. political transition are front and center for 1H21. Both U.S. and European economies to pick up over course of 2021 making a positive foundation for market performance.
Dr. Scott gives his global economic outlook for 2021 focusing on the US, Europe and the tensions between Australia and China. Fast and furioius growth in November should trend forward in 2021 as Covid-19 is mitigated by the host of vaccines.
The US Presidential Election is over, but is it? So says Dr. Scott with his early reads on upcoming foreign and economic policy under the President-elect Biden administration. Still, legal challenges can not be ruled out causing market volatility. China still a rising super-power threat with Biden more similar to Trump on how to handle. Europe elated as Biden will give them the bear-hug they desperately needed.