Sitemap - 2025 - ACEMAXX-ANALYTICS’s Newsletter
Europe’s Tight Conditions - Tighter Thinking
A «K-shaped Economy» and Policy Relevance
ECB: “We are in a good place” – Really?
Outperformance of Companies with Negative Earnings
German Economic Policy Trapped in a Supply-Side Ideology
Liquidationism as a Zombie Idea
Government Shutdown and Fed’s Next Move
What Drives Gold’s Price and What it Tells Us?
Reverse Yankee Bonds: Favourable Borrowing Approach
Don’t Trust low Unemployment Numbers
SNB and Remuneration of Sight Deposits
Are Corporate Bonds better than US Treasuries?
Investment – Mainstream versus Heterodox Approach
Swiss National Bank and Double Deflation
Germany Can Afford its Welfare State
Econ Kinky Dog: The Labor Market Myth
Swiss National Bank’s US Equity Portfolio
French Companies’ Borrowing Costs fall below Government’s
Real Devaluation versus Fair Competition
The media framing problem: Fiscal Balance vs. Current Account
The Distortion for Credit Spreads
Global Bond Rout and Borrowing Costs
Central Bank Independence – Independence from Whom?
Javier Milei’s Chainsawing Economic Overhaul for Argentina
Why the Demand vs. Supply Framing Matters
ECB with a "Wait-and-See" Bias - Even When the House is on Fire
Why are Repo Haircuts Negative?
Japan: Von chronischen Defiziten zur Haushaltswende
Household Analogy – Fallacy of Composition
Rethinking Global Imbalances: It’s not about Savings
The Power Shift - OUT: Apple versus IN: Nvidia
Fiscal Dominance in the Offing?
The Widening Rate Gap: Statutory versus Effective
Should China adopt a zero interest rate?
Does China Have an Overcapacity Problem?
Presidential Pressure on Fed – Trump Hammers Powell
SNB: Zero Policy Rate and Negative Market Rates
Hedging Premium: UST vs German Bunds
Why ECB Risks Reinforcing Disinflation
ECB and the Cost of Underinvestment
Berlin Rails against 4-Day Week and Work-Life-Balance
What’s Odd About ECB’s current projections?
Germany’s Fiscal Spending Eases Credit Default Swaps
US Policy Uncertainty and USD Selling Pressure
Export Surpluses and Capital Outflows: Asia vs. Germany
Sayonara Japan - Germany is Now World’s Largest Creditor
UST Bonds and Interest-Rate Swaps
It’s Time to Retire “Bond Vigilantes” Myth
Germany: More Work, More Productivity - But for What Reward?
Reverse Yankees and FX-Markets
Germany’s CA-Surplus and Export Share of GDP
Trade Deficits and Capital Flows
ECB’s Restrictive Monetary Conditions in the Face of Tariffs
Current Account Balance and «Savings Glut»
Trump Tariffs and Consumer Inflation Expectations
Tariffs, Inflation and Real Interest Rates
Euro and German Bunds on the Rise
Europe’s Mercantilism vs. New Tariffs as Trade Taxes
UST sell-off: From Safe-Haven to Lost-Haven?
US Tariffs versus Germany’s Neo-Mercantilist Model
Tariffs – US Dollar – “Mar-a-Lago Accord”
Why does the ECB keep Interest Rates higher than GDP growth?
Fed’s New Forecasts and A Stagflation Economy
«No Pain, No Gain»: A fitness regime for the living world?
Balanced-Budget and No-Inflation?
Subtracting Government Spending from GDP
“Equity-Efficiency Tradeoff” - Social Benefits vs Investment
Dual Nature of Government Bonds: Liability and Safe Asset
Data Dependency as ECB’s Arm Candy
A “debt-brake” Reform as Fiscal Rubicon for Germany
Devaluation of a Country’s Currency
What are the primary drivers of recent 10y UST yield increases?