I don’t think Trump wants to withdraw from the globe. Currency outlooks should reflect this.

Calling Trump’s bluff … European and British banks have been and still are collateralizing Africa and Asia for centuries. Since the mid 1940s, the United States has been providing the military and mercenary duties necessary for protecting European and British extraction of resources from these areas of the world. (Ready to step up your trading … Continue reading I don’t think Trump wants to withdraw from the globe. Currency outlooks should reflect this.

The markets: It’s the exploding froth on the water that gives real information.

The Middle Class may serve two masters … Real estate analyst Melody Wright made an observation today on the Julia La Roche Show that is in line with my thinking over the past few months. This economy, she noted, is becoming one where labor services the rich or the less fortunate. Restaurants, financial services, etc., … Continue reading The markets: It’s the exploding froth on the water that gives real information.

Investor protection: Why a trader should be wary of her broker’s knowledge of the economy.

I just finished reading an article written by David Kelly, chief global strategist at JP Morgan Asset Management. In the article, Dr. Kelly shares his thoughts on what he describes as “the delicate health of the economic expansion.” Dr. Kelly estimates that gross domestic production may be viewed as stagnant based on GDP numbers due … Continue reading Investor protection: Why a trader should be wary of her broker’s knowledge of the economy.

Trading: How to cut out the noise in a DIY world.

We are in a do-it-yourself world. More people will be interested in managing their own wealth which will include trading on their own. The middleman brokers will have to shift to providing insights versus mechanical services like opening accounts and creating churn by offering new products. I have grown suspect of the narrative that middlemen … Continue reading Trading: How to cut out the noise in a DIY world.

U.S.-Eastern Caribbean Interbank Market as of 1:00 pm AST: Thoughts on capturing legal risks in interest rates …

What I’m reading today: A Lawyer’s Perspective on U.S. Payment System Evolution and Money in the Digital Age. Source: Board of Governors of the Federal Reserve System. In 2022, the Board of Governors of the Federal Reserve System published a paper authored by Jess Cheng and Joseph Torregrossa discussing the legal underpinnings of the payment … Continue reading U.S.-Eastern Caribbean Interbank Market as of 1:00 pm AST: Thoughts on capturing legal risks in interest rates …

U.S.-Eastern Caribbean Interbank and Money Markets as of 9:30 am AST

What we’re reading. Caribbean. Diaspora. Resilience. “As millions continue to migrate in search of better opportunities or refuge from conflict and persecution, the narratives that emerge from these journeys illustrate not only the challenges faced but also the remarkable strength found in adversity.” — Caribbean Focus. Guyana. Venezuela. Essequibo. Oil. “On March 6, 2025, a … Continue reading U.S.-Eastern Caribbean Interbank and Money Markets as of 9:30 am AST

U.S.-Eastern Caribbean FX, Interbank, and Money Markets as of 8:34 PM AST

Foreign exchange per the Board of Governors of the Federal Reserve System. EUR/USD=1.0872 GBP/USD=1.2917 USD/JPY=148.5100 Administered rates per the Board of Governors of the Federal Reserve System. Discount Window: 4.50% Effective Federal Funds Rate: 4.33% Interest on Reserve Balances: 4.40% Overnight Reverse Repurchase Facility Rate: 4.25% Reference Rates per the Federal Reserve Bank of New … Continue reading U.S.-Eastern Caribbean FX, Interbank, and Money Markets as of 8:34 PM AST