Jacob Tree


Usd/Cny, Usd/Jpy, Fed, Boj & Exports

the currency cascade

countries are engaged in currency devaluations and have made unexpected economic moves.
central bank activism reflects persistent concerns about economic growth.
the divergence of economic performance and monetary policy will lead to more volatility in currency markets called a currency cascade.

Liquidity, Bonds & The Stockmarket

FED, ECB & SNB Divergence