The Following is a piece published on Livewire, looking at the evolving $ Zone as 'The West' separates from 'The Rest' and considers some of the implications for capital flows.
Market Thinking May 2023
Markets are largely range bound, albeit the previous strong correlations have broken so that some are at the top of recent ranges while others are at the bottom. This is contributing to an overall feeling of uncertainty, compounded by lack of direction from central banks, Geo Politics and muddied economic data.
Completing a trio of recent external press articles/videos. A discussion (again) on de-Dollarisation and the split between the Financial Capitalism of 'the west' and the industrial capitalism of 'the rest'