Crazy Tokens

Would NFTs be the tulips of the  XXIe century? The Frans Hals Museum in Haarlem in the Netherlands, houses a work by the painter Jan Brueghel the Younger, satire of the “Tulipomania” [...]

Bond garbage

Are all bonds becoming “investment garbage” as Bill Gross claims? I report here the cry of alarm, not to say of anger that has just launched Bill Gross, the famous and former boss of the PIMCO [...]

50 years of suspension

Benefits and costs of the rapprochement with China and the suspension of the convertibility of the dollar. On August 15, 1971, President Nixon announced the suspension of the convertibility of [...]

The time of ruptures

In Venice, G-20 ministers and central bankers are showing a common front. Will it last? This year Venice meeting is reminiscent of another. In November 2008, in the midst of the financial and [...]

Crowning China

The CCP’s 100th anniversary marks a new step for China’s leader on the way to global political and economic leadership What could be a greater symbol than to see President Xi Jinping [...]

The Return of Dr. Doom

At 93, Henry Kaufman gives his thoughts on the evolution of finance and monetary policies… A lesson to ponder. Henry Kaufman represents for many in the profession, the model of the [...]

A reunion

Will the Biden-Putin meeting just outline dissensions or make baby steps to a  rapprochement? A meeting of American and Russian heads of state in Geneva feels a bit like a Cold War summit, which, [...]

Not enough arms

Does the rebound in employment in the US really reflect the overall state of the labor market?? The rebound in the US job market has been spectacular. And yet no one seems to be please with it. [...]