Results for “Marc Chandler”

Seventeen of the top twenty universities in the world are in the USA, one third of all students who leave their countries to study in another come to the USA. There are only a handful of countries who spend relatively more on R&D than the USA.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

It turns out that for every ipod sold by Apple, it makes the US trade deficit go up by USD 150. Is the US poorer because the world loves ipods? No, we accrue the high-value elements like intellectual property, profit, and so forth, and outsource the lower-value parts of the chain.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

To use an analogy, when you squeeze toothpaste out of a tube, it's quite hard to get it back in. By the same token, by the time you see inflation, it's too late. The key is inflation expectations.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

The daily turnover of the foreign exchange market is around USD 3.2 Trillion, meaning that in a few weeks of trade, enough capital is circulated to pay for all of global trade in a year. Capital is the driver, NOT trade.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

I can illustrate the current situation in the form of a story. Two boys were being chased by a Tiger. One boy stops to put on running shoes, and the other boy says, 'What are you doing?' The first boy responds, 'I don't have to outrun the Tiger, I just have to outrun you'.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

Abraham Maslow (a famous psychologist) once commented, 'if all you have is a hammer, everything is a nail'. Investors currently have a hammer, and that hammer is economics.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

The role of the dollar rests on many other things, not just economics. There is a reason why the likes of Alfred Smith, and Karl Marx studied politics and not economics.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

In 2008 there was one company which applied for more patents than all the others put together, this company was IBM.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

I would suggest that most dollar problems are cyclical, and when the fed reserve raises interest rates, and the business cycle re-enters an upswing, there will be many reasons to buy dollar.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

Seventeen of the top twenty universities in the world are in the USA, one third of all students who leave their countries to study in another come to the USA.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex

I don't have to outrun the Tiger, I just have to outrun you. When you look at many of the financial centres such as The City of London, Wall St, and their counterparts, they think of things in Economic terms.

Chief Strategist & Senior Currency Strategist at Bannockburn Global Forex