Recent Posts

Euro’s surprises may just be getting started

The euro is on the move, due to positive fundamental and technical reasons. And there is likely still more upside ahead — potentially a lot more. The realities of a strong economy will put pressure on the European Central Bank’s president, Mario Draghi, to start mapping an exit strategy from ultra-accommodative measures before inflation becomes a problem. In 2017, the ...

Read More »

The end of the ‘strong dollar’ policy, yes, again

World economic forum 2018 in davos

The end of US leadership is on everyone’s lips. Today’s installment is the Treasury secretary’s endorsement of a weaker dollar. Not so fast. Despite the way the ideal of a ‘strong dollar’ has been thrown around in official rhetoric the last couple of decades, the reality is that Treasury secretaries of both political colors have dialed it up and dialed ...

Read More »

Starbucks falls out of step with the restaurant industry

9 side new copy

It would be an overstatement to say 2017 was a bad year for Starbucks Corp. But the coffee giant did start to look a bit less invincible. It posted its slowest same-store sales growth since the Great Recession. It disappointed investors in November when it offered a lower long-term earnings outlook. If that had you worried about Starbucks, then the ...

Read More »
Send this to a friend