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Currencies


Decades in a Week: Germany’s Fiscal Breakthrough and Its Global Impact

Does Germany's massive fiscal package mark the beginning of a lasting regime change or just another chapter in market volatility?

The FX Global Code: Why Now Is the Time

As the FX market grows and evolves, more needs to be done to improve its functioning and integrity.

Is the Euro Uninvestable? The FX Question du Jour

A reduction of the ECB's balance sheet and a serious effort to achieve positive real interest rates will be key to ensuring a turnaround in the fortunes of the EUR/USD.

Crypto Dreamin’? The Good, the Bad, and the Ugly

The author explains why he remains skeptical and has grown cynical about cryptocurrencies.

Russell Napier: Equity Markets and Structural Change

“Most people tell me that long-run equity valuation data is meaningless," says Russell Napier. "I think they’re wrong.”

Bitcoin: It Is More Important Than You Think

Bitcoin's value is not as a currency but as a product of its unique technologies and their potential future applications.

A Brief History of Electronic Currency: Bitcoins Shouldn’t Surprise You

Intrigue surrounding online currency is nothing new: Take a look at the exploitation, investment fraud, and government crackdowns in the virtual currencies that came before Bitcoin.

Investing in Currencies: The Problem with Benchmarks

Prasad Ramani, CFA, discusses why benchmarking is one of the most important and oft-discussed topics in asset managment.

Michael Pettis on China: “The Growth Rate in Investment Is Going to Collapse”

The country's boom has been fueled by government investment, said the professor of finance at Peking University's Guanghua School, and the current trajectory cannot continue.

Delegate Polling: Market Volatility, Sovereign Risk, and Rising Inflation Are Key Concerns

Audience polling conducted at last week's 64th CFA Institute Annual Conference casts a spotlight on the investment risks that are top of mind for global investment professionals.