A long-term chart of the S&P 500 would show a stock market that’s going up and sitting near all-time highs. But this isn’t the case when you price the S&P 500 in gold. Citi’s Tobias Levkovich includes...

Current account balances have been used to analyze exchange rates in economics for a long time. A country with a strong current account surplus–meaning they are exporting more than they are importing–usually has stronger currencies than those...

I had an e-mail exchange with an old fried who now works for a large macro hedge fund up in Greenwich. The broad topic was the very long list of signs that the global economy is hitting...