The Yen Also Rises

The Argentine writer Jorge Luis Borges has a short a story about two lifelong rivals, villains to the core, who are finally captured by the authorities and sentenced to death for their misdemeanors. The officer in charge of the execution, a gambling man himself,...

Money For Nothing – 2013 Themes and Trades

MACRO AND INVESTMENT THEMES > Parts of the global economy have been in dire straits for much of 2012. Most developed economies continue to suffer from structural problems tied to too much debt and thus a weak level of growth. However, major global central banks are in...