Best Of Times, Worst Of Times:  2014 was a year of extremes with stock markets that had bullish input did well (e.g., US up on economic news at +14.5%, Japan up on QE at +7.6%)[1] and bad for those that could not get their act together (e.g., Germany -9.3% (and…

Global macro factors continued to reign in September, as can be seen in the strong rise in the US dollar which gained 3.8% against the Euro, 2.3% against Sterling and 5.3% against Yen.  Being a “safe haven” AKA “the best house on a bad street” does have its advantages –…