Doom & Gloom from Deutsche bank

AS we wind down to exiting and new 2015, here’s some more doom and gloom from the major Banks.   This is one of the first slides from Deutsche Bank’s “The House View” slide deck on the current state of the world. A couple of things to note here:

IMG_1262.JPG Deutsche thinks that both a renewed European crisis and a Chinese hard landing are relatively likely and relatively significant.… Read more

So how will the rising US$ affect us?

In an interesting PR move the staid Bank for International Settlements (BIS)- the Central bankers, banker- has tweeted the following

@BIS_org: US dollar as global unit of account in debt contracts means a stronger dollar constitutes tightening of global financial conditions.

The signs of growth in the US is positive and this has already resulted in a strengthening of the US$ against many international currencies.… Read more