PinnedSmall Intro to Our ArticlesThe Opining Crow is a digital media outlet that, as the name implies, opines on contemporary macroeconomic and financial topics. We do so…Jun 10, 2021Jun 10, 2021
Weekly Canadian Fiscal & Monetary Policy Update.Monetary Policy and Money Markets:May 7, 2024May 7, 2024
Dare to be naked.“Everything in any way beautiful has its beauty of itself, inherent and self-sufficient: praise is not part of it. At any rate, praise does…Dec 28, 2023Dec 28, 2023
Bad news from the long end of the curve.The latest 30-year bond auction from the U.S. Treasury took place earlier this month and, well…it wasn’t pretty. So much so that it sent…Nov 16, 2023Nov 16, 2023
How does a government decide on the maturity of newly issued debt?Should new government debt be issued to mature in one month? Perhaps a better choice would be a maturity of three months? What about a…Aug 17, 2023Aug 17, 2023
The current price of liquidity.When interest rates rise, holding cash becomes expensive. Why? Because while you hold cash that sits idle somewhere in your house, you…May 11, 2023May 11, 2023
Everyone needs liquidity.Yields on 1M T-bills in the U.S. just experienced their largest daily change of 2023 (22.55%) — see graph below; this incredible sell-off…May 5, 2023May 5, 2023
Premature Bull Run in Stocks?We currently see two different, yet active narratives in financial markets: on the one hand, we see huge demand for safety through major…Apr 2, 2023Apr 2, 2023
U.S dollar and credit: a history.Present-day economies experience exponential ‘booms’ and, simultaneously, increasingly devastating ‘busts’ after every one of those booms…Apr 28, 2022Apr 28, 2022