Posts by Joana Freire
The Fed’s Record on Inflation Control: Not Great
How should the Fed’s performance be judged? In their latest note, Stephen Jen and Joana Freire argue that inflation control offers a clear benchmark
Read MoreThe UK is Likely Moving to the Bad Side of the Laffer Curve
The UK is Likely Moving to the Bad Side of the Laffer Curve: The UK is in a fiscal bind; we are worried: the 30-year gilts yield reached the highest level since the late-1990s
Read MoreSection 899: Don’t Take It Too Seriously
We believe analysts may be taking Section 899 too seriously. (1) The proposed Section 899 will most likely not be enacted: it is meant…
Read MoreWhy is Resurrecting Manufacturing Important for the US?
Besides bolstering national security, (1) manufacturing has a multiplier factor of around three, i.e., the overall impact of manufacturing…
Read MoreThe Ferguson Law and the US’ Fight for a Small Government
The Trump Administration has been fighting to alter the trajectories of the US’ twin deficits…
Read MoreAnother Avalanche Warning on the Asian Currencies
The Taiwan dollar (TWD) appreciated by 7.5 percent against the dollar over the first days of May, purportedly triggered…
Read MoreMade in the USA 2035
The economic rivalry between the US and China is intense partly because it is as much a technology war as a trade war.
Read MoreThe Long-Awaited Dollar Correction Finally Commencing
We ceased to be dollar-positive some two years ago and stressed our bearish view on the dollar throughout H2 2024.
Read MoreA ‘Mar-a-Lago Accord’ on September 22, 2025?
A ‘Mar-a-Lago Accord’ on September 22, 2025?: Reached on September 22, 1985, the Plaza Accord was an agreement by the G5 countries to coordinate….
Read MoreHigh US Yields Not Likely Reflecting Sticky Inflation
In this note, we focus on the period in the mid-1970s between the two oil price and US inflation spikes.
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